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To: Director who wrote (24578)12/1/1999 11:29:00 PM
From: Pruguy  Read Replies (2) | Respond to of 27307
 
I hadn't insulted your intelligence yet, but you are making it real easy. A typical trading day is from 9:30 -4:00...Yes Sherlock, there was a gap openning. Did you think this was caused because of the MM conspiracy and the number of shares needed to be bought equaled the number to be sold at some arbitrary price.....NO, simpleton, to come up with the openning price that will exhibit the least volatility, the MM;s try to determine where the stock should be openned. This happenned to be a lot higher than it closed yesterday......For those of you that can't follow this(thats you Mr. Director) that was because there were a lot more buyers than sellers...To match up the demand for the 2 sides they had to open it much higher from yesterdays close. From the openning price, yes, there was some profit taking, but I never said anything about that. My question to you was how can the price go up with more sellers than buyers....The answer is IT CAN'T....you just haven't figured that out yet..
It's people like you that make me think you should have to get a lisence to trade on your own, similar to needing a drivers lisence in order to drive without an adult supervising.



To: Director who wrote (24578)12/2/1999 1:07:00 AM
From: jhg_in_kc  Read Replies (1) | Respond to of 27307
 
Am I the only one here with an I.Q. over 100? What evidence can you present to show that your IQ is over 100? eom



To: Director who wrote (24578)12/2/1999 10:09:00 AM
From: trouthead  Respond to of 27307
 
D my man. The stock was up 16 points. Are you sure you are not delusional? Are you on drugs. For you the action is like a rorshach print. You see whatever you want to see.

YHOO will have an incredible quarter. They have a high pe because they have high growth. People have watched MSFT over the last 15 years and realize that their is tremendous growth potential in tech stocks and that you will have to pay a higher price for them.

It won't go straight up and it won' always have such an outrageous pe. But it does today and it deserves it no matter what the ink blots look like to you.

jb



To: Director who wrote (24578)12/2/1999 1:36:00 PM
From: Pruguy  Read Replies (1) | Respond to of 27307
 
Director,
Is this an amazing stock or what. Another morning of more sellers than buyers and it keeps going up...Under yur investment theory, will it start to go down when the buying pressure exceeds the selling pressure?