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To: Ram Seetharaman who wrote (23965)9/25/1999 10:59:00 AM
From: Ryan Plovie (Hijacked)  Read Replies (1) | Respond to of 27307
 
Rumor: Cypost (Post) is to be bought by Yahoo

Of course this doesn't make sense to me but the Cypost seemed to imply that they have been talking to Yahoo. If you look at Cypost chart, it definetly seems something is up. Can anyone confirm this or deny this?

I heard, yahoo will either:

1. Take a equity position in Cypost
2. Buy the rights to their technology
3. Buy the company

Thanks in advance

Ryan Plovie



To: Ram Seetharaman who wrote (23965)9/25/1999 2:46:00 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 27307
 
If you remember, they beat their number by .04 last quarter. Do you remember what happened? We dropped from 189 to 110 over the next 4 weeks. Back then we didn't have some of the impending negatives in the market which we have now.
To me, right now (with YHOO) we are playing a game of 'chicken'. Who will be the first to bail? Who will hang in the longest. Right now things look very bullish. It also did last quarter. It began selling 2-3 days before earnings. Maybe this time it will begin selling 5 days before. Maybe it will be strong right up to Christmas-even if the market breaks support or the naz gives up some of its 25% gain for the year.
It is a game of chicken. A great company, with a great future (expanding into China & world wide), and great name recognition; with price targets to 230+, everyone loves it...but! It has a history of selling off near earnings, it earns pennies per share, and can shed 70 points in 3 weeks. A game of chicken or Russian Roulette? If you wait another day, it may be up another 10 points! If you wait 3 days to long, all profits are gone. Personally I decided to sell all internets into strength Friday. I sold 1/2 at losses. I may have missed the boat but am playing it safe. Wishing all longs the absolute best!!!!Comments? Steve D.