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To: Victor Lazlo who wrote (90742)1/11/2000 9:09:00 PM
From: 16yearcycle  Read Replies (3) | Respond to of 164684
 
I would have guessed 2 for 1 based on the events of last January. Yhoo ran to 445, I think, and they announced the 2/1 then. The action was very similar the last month. I guess they only had enough shares to authorize a 2 for 1, although that is off the yhoo board, where almost no info is correct.

I expect Yhoo will slide and eventually sell at about 150-200 times e in the summer. And that will be another tremendous buying opportunity.

I also think aol has crippled themselves with this move. Yhoo will be the prime beneficiary of this misstep.



To: Victor Lazlo who wrote (90742)1/11/2000 10:24:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 164684
 
Victor, priceline's got a new shatner commercial, reminiscent of that Shatner elevator music album that always wound up on Dr. Dimento.... should be good for at least 20 points upside, huh?



To: Victor Lazlo who wrote (90742)1/12/2000 12:52:00 AM
From: Randy Ellingson  Read Replies (2) | Respond to of 164684
 
I agree yhoo had great no's.
but why only a 2 for 1 split? Why do they even bother?


I suspect that it is not Yahoo's intent to raise their stock price as high as possible. My take is that they want the stock price to lie closer to what they perceive as the true valuation. So a 2:1 keeps the momentum players somewhat at bay (doesn't it?). They prefer their shares be owned by long term owners, and typically we could care less about the exact nature of the split, or if it splits at all.

Randy