Broadcast.com (Acquired by Yahoo) Message Board

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Technology Stocks : Broadcast.com (Acquired by Yahoo)

YHOO 52.58

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Jun 26 5:00 PM EST

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To: neverenough who wrote (353)	1/17/1999 12:22:00 AM
From: B. A. Marlow	Read Replies (2) of 1260

Why are you BCST guys so neurotic?! I've said it before and I'll say it again. "BCST is a keeper." Don't take my word for it, but do open your eyes. It's all there. This week's volatility appears to be the work of MMs covering a percentage of their massive shorts and grabbing inventory (by taking out weak-kneed stop loss and stop limit orders) to sell at higher prices. Their cover was, of course, Brazil (a singular non-event). For more commentary, see my posts on Fool. (Sorry, can't post links due to Fool maintenance outage.) As I think the retracement's over, I took more near Friday's close (at $139.875); if I'm wrong, I'll just average down. Expect the pending split and initiation of options trading (postponed to early Feb.) to reduce (but not eliminate) volatility. My advice? Ignore the "bubbleheads" and focus on the Big Picture. You'll like what you see. Disagree with me? "Go ahead, make my day!" Buy, hold, retire. Good luck, all. BAM

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