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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (76251)7/11/2000 5:28:09 PM
From: foundation  Read Replies (1) | Respond to of 152472
 
"Why do you say that, they sold off today and are kicking ass in after hours."
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YHOO now up 12 after hours to 117.... Shorts covering....

YHOO is no longer a concept stock - and their concept is old hat for momentum players - like playing AOL. It's not fiber, not bandwidth, not even infrastructure or wireless. YHOO is OLD.

For old tech, beating by 2 is OK, but .12 still makes YHOO too expensive post bubble (for old tech).

Then there are the concerns about ad revenues... Conference call ongoing...

Margins were close to expectations but not great.

Page views are in line - but who cares anymore.

Great earnings and guidance for this quarter are already priced in. ORCL made this very clear.

Gonna get mowed down tomorrow.

That's my take...

regards,
blg



To: Wyätt Gwyön who wrote (76251)7/11/2000 5:28:40 PM
From: sam  Respond to of 152472
 
Most quarters, the market "corrects" almost immediately upon YHOO's earning's release. But as we all know, once you find the 'key' to Wall Street they change the locks. ;) YHOO up 12 after hours and taking lots with it. It would be nice if we could look back on today as the day we "filled the last gap" from last years monster run.