Yahoo and other bubbles...when will they burst? Message Board

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Strategies & Market Trends : Yahoo and other bubbles...when will they burst?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: marion (Hijacked) who wrote (17)	2/1/1999 3:14:00 PM
From: Dave Mansfield	of 139

marion, I do not believe that downgrades in and of themselves right now will cause a significant drop in Yahoo's price. There have been some downgrades over the past several weeks and we're still trading well above $300. I went to the Yahoo site to get stories of some of those downgrades to link here and either my computer or net connection is screwed up or Yahoo's site is screwed up again. Couldn't get them. You make a good point about Geocities lowering their earnings. Geocities' fourth quarter earnings for 1998 were ($0.27) which is greater than the fourth quarter loss in 1997 of ($0.14). This combined with the dilutive effect of the merger should cause a significant drop in Yahoo's earnings for the quarter the merger takes effect. But I don't know the date of the merger. Should be interesting. Dave

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