Broadcast.com (Acquired by Yahoo) Message Board

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Technology Stocks : Broadcast.com (Acquired by Yahoo)

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: Ignatz who wrote (317)	1/7/1999 6:04:00 PM
From: B. A. Marlow	Read Replies (2) of 1260

Epilog on BCST's move today (01/07/98): 1) BCST way undervalued (still!) 2) Very favorable Wall Street Journal coverage today (on the heels of BusinessWeek's "Entrepreneur of the Year" selection). 3) Huge short interest (overwhelmingly attributable to MMs)-- about 1mm short vs. float of 2.875mm 4) Strong "fundamentals" (traffic growth, content deals, new initiatives and much, much more) 5) No signs of Internet "bubble" 6) Tons of cash on the sidelines with nowhere to go but stocks; would you buy the rustbelt? 7) Pure Internet plays shamefully under-represented in mutual funds 8) Technicals suggested a breakout 9) Online investors took action Need more? Buy, hold, retire. BAM

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