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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TimbaBear who wrote (29034)	10/11/1999 9:05:00 AM
From: Les H	Read Replies (1) \| Respond to of 99985

The vast majority of their gain was from their sale of Geocities to Yahoo. One would have to anticipate deals as large in order to claim that the level of earnings would be consistently at that level or above. As for their pending IPO of Alta Vista, that won't affect earnings as much, it will improve their book value much more in the short-run. But as with many IPOs, they tend to pull back sharply from their opening price.