I won't buy yhoo at this price no matter what they report, or at least I can't imagine what they could report that would cause me to buy. I bet the farm, again, between 140 and 150, and amzn 100-140.
If the numbers handily beat expectations, I think it could move up toward 250, but that it will see 170 again in May. That is not a drop from 440 to 250 as they recently experienced. I think the 2nd quarter overall market will mimic the first q. That is, when we get through April, the focus will fall on csco, dell and aol, and their will be nothing they can report that will cause a rise; it will be in the price already. Focus will be on all the negatives in the world, and the folks like KIS will have a hay day. But June will arrive,and the nets will have a tremendous early summer. Yhoo 300+, AMZN 300. How's that for wild speculation? |