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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: t36 who wrote (13218)8/3/1999 9:25:00 AM
From: Kimberly Lee  Read Replies (2) | Respond to of 108040
 
TokyoJoe's take on YHOO/ATHM rumor: <Rumor has it Yahoo will pay 17 billion for ATHM. Yahoo only has $436 million in cash, so it will have to issue millions of additional shares to make this purchase, diluting the value of existing shares. How can a company with a $28 billion market cap afford to pay $17 billion for another company? It can't."

Longs, don't be afraid to sell and cut your losses. This time tomorrow your losses will be much greater than they are now. >



To: t36 who wrote (13218)8/3/1999 9:27:00 AM
From: Tassi  Respond to of 108040
 
I would think the Internet stock would have a big rally today on this news. This may also create a short squeeze and even more upside. I would be watching to see who is the winner today.

Thanks


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