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Technology Stocks : Broadcast.com (Acquired by Yahoo)
YHOO 52.580.0%Jun 26 5:00 PM EST
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To: Lao Ou who wrote (1057)3/31/1999 5:16:00 PM
From: Tradegod  Read Replies (1) of 1260
 
Meeker will pump this one tomorrow.

My feel is that YHOO paid way too much, but perception is everything. When I read about AMZN's build vs. buy analysis of getting into the auction business, I felt that they were right on. They have now established an auction site for no more than some programing expense and some servers. YHOO could have done the same thing with streaming media. My guess is that Meeker wouldn't let them. She told them to do it, and she would write favorably. A 20 point rise in the stock pays for the deal.
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