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


To: Eric Wells who wrote (34829)12/6/1999 9:00:00 PM
From: fedhead  Read Replies (1) | Respond to of 99985
 
Actually it is companies like MSFT with its 400 billion market cap that has gotten us here. Everyone is trying to
pick the next MSFT. If YHOO can be that the reasoning is that it is undervalued even at these prices. Plus everyone
who missed out on YHOO's last run up doesn't want to miss this run up.

Anindo



To: Eric Wells who wrote (34829)12/7/1999 3:54:00 PM
From: Bridge Player  Respond to of 99985
 
<<As of today, Yahoo, at it's closing price of 280, has a market cap of $74 billion >>

Just 1 day later, today on Pearl Harbor day anniversary, Yahoo is now trading at 350, up 70 points on the day.

IMO this is an absolute classic short squeeze. The end of this mania cannot be far away.

BP