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Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (11498)	7/7/1999 1:40:00 PM
From: PAL	Read Replies (1) \| Respond to of 19700

Yahoo is down on relatively heavy volume. Somebody knows ahead of time? Best regards Paul

To: Jenne who wrote (11498)	7/7/1999 1:45:00 PM
From: CaraMia	Read Replies (1) \| Respond to of 19700

OT>>>Yhoo will probably beat the whisper but guys that really isnt the issue.. I copied bits of this today from one of the investments sites in which I sent to a friend a very nervous friend I might add...hope this helps you guys.. will paste it here.. Even though they will the market will go down.. but that is ONLY the beginning for those that have strength... Does this mean that the market is trying to tell investors that another positive earnings surprise is coming on Wednesday? We believe so. In the first quarter, Yahoo! exceeded the $0.08 per share First Call consensus estimate by $0.03 per share. Besides the historical precedence relating to Yahoo!'s trading pattern, a recent report from Media Metrix (NASDAQ: MMXI - Quotes, News, Boards) supports the notion that an upside earnings surprise is coming. Internet stocks in general, fell from their April highs partly on concern that Media Metrix's numbers would show that Internet traffic growth is slowing. But results for traffic growth in May showed that perhaps investors were becoming a bit too nervous. After declining to 61.1 million page views in April from 61.6 million in March, visits increased 1.3% in May to 61.9 million. On a year-over-year basis, traffic increased 15% from last May showing that growth has not yet decelerated, as many had feared. The increase in May's traffic should portend well for portals like Yahoo!, whose revenue and page views are positively correlated. First Call estimates for the second quarter are tightly grouped ranging from $0.08-$0.09 per share, which should allow for another upside surprise on Wednesday. Street analysts have a history of underestimating Yahoo!'s numbers stemming from management's conservative guidance. We believe that they have underestimated second quarter numbers as well. Expect Yahoo! to report $0.11 per share on Wednesday. Shares may sell-off slightly, as they normally do after earnings, but we believe that a summer rally is just getting started --thanks in large part to Greenspan's return to a neutral bias -- that should keep the correction from becoming as severe as that which occurred after the first quarter. After that, as long as The Fed does not return to a tightening bias, the momentum should continue. ****GET IT??? Aside from Wednesday's numbers, we believe that Yahoo! has done an excellent job of building a global branded network. Web surfers can go to Yahoo!'s site to find just about anything imaginable making it the undisputed leading Portal site. Recently, the company has broadened its scope to help strengthen its strategy of Yahoo! Everywhere, which entails providing a wide range of information to any device at any time. hang on it will be okay... take care best to all..