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To: Bill Harmond who wrote (114876)1/9/2001 6:06:02 PM
From: GST  Respond to of 164684
 
"Today's Yahoo intraday chart looks like the old days'" finance.yahoo.com

Are we looking at the same chart? You substitute wishful thinking for the facts and blow a fuse when others do not share your point of view.



To: Bill Harmond who wrote (114876)1/9/2001 6:19:43 PM
From: GST  Respond to of 164684
 
"I'm up 11x in Yahoo in less than four years because Yahoo is growing less than 50%!" I hate to say it, but you are probably down 75% since you bought it back last February because you did not see the coming downshift in Yahoo's growth rate. The company is barely four years old and it is already slowing down drastically from the "glory" days in 97. This time last year you would be up 110x, now you are up 11x -- so you are going back to 97 as your base line. This is not the same company or environment as in 97. There is no basis whatsoever for your claims of 50% growth rates somewhere over the horizon -- if not next year then at least for every year thereafter for 5 years -- just like MSFT -- this is total fiction.



To: Bill Harmond who wrote (114876)1/9/2001 10:25:38 PM
From: HG  Respond to of 164684
 
Bill...I never saw you being defensive before....<smile>



To: Bill Harmond who wrote (114876)1/9/2001 10:47:47 PM
From: Victor Lazlo  Respond to of 164684
 
The Big Picture
Wednesday, January 10, 2001

Follow-Through In Nasdaq
Leaves Much To Be Desired
Investor's Business Daily

Techs advanced Tuesday to keep the Nasdaq’s latest rally alive. But the action was far from impressive.

The tech-rich index rallied 3.3% in the opening 30 minutes, then gave most of it back. It regained its bearings in the afternoon, climbing 1.9%. Volume rose 7% to 1.97 billion shares, qualifying the day as a follow-through of the latest rally that began Jan. 3.

In the context of its chart, however, the Nasdaq looked subdued. In addition, successful follow-throughs in the past six years have all occurred when the index was comfortably above the level where it had begun a new advance.

The latest action doesn’t resemble that pattern. After zooming up 14% following the Fed’s surprise rate cut last week, the Nasdaq slid back 10.3% the next two days. That would qualify as an intermediate correction if the index were near a high.

On Monday, the composite threatened to take out its recent low. The Nasdaq will need at least a pair of strong days or more just to get to the level where it began this new rally.

Volume on the Nasdaq also supplied fuel for skepticism, as it climbed barely above its 50-day average. It also paled against the higher-volume sell-offs seen Thursday and Friday.

Microsoft, Cisco, Amgen and Juniper all gained on heavy trade, but these stocks are on the mend, not breaking out. Few stocks look ready to lead a new bull market.

Of course, the Fed is now in the market’s corner. More rate cuts should be on the way, especially if the economic and profit news continues to rattle Alan Greenspan and his fellow central bankers.

But bad news will also play havoc with investors. While the market’s recent bottom may hold, don’t be surprised if the market fails to make significant headway. As companies report shortfalls and the economy teeters, the market could trade sideways, building a base for better times.

Indeed, earnings worries helped hold Tuesday’s tech rally back. Nokia, the leading cell-phone maker, dropped 3 15/16 to 39 3/16 on nearly triple normal trade after reporting weaker-than-expected 2000 global sales. The news sent Nokia’s suppliers also reeling. TriQuint Semiconductor gapped down 3 5/8 to 35 11/16 and Sawtek 6 3/8 to 37 7/8, both on fast trade.

The rest of the market also dished up peculiar action. The Dow industrials shaved 0.5%, hurt by 13 components down 1 point or more. Volume picked up 10%, but up volume nipped down trade while gainers led by a 4-3 margin. The S&P 500 struck middle ground, rising 0.4%.



To: Bill Harmond who wrote (114876)1/10/2001 12:04:35 AM
From: 10K a day  Read Replies (1) | Respond to of 164684
 
LOL!! Sell it dude!!



To: Bill Harmond who wrote (114876)1/10/2001 6:08:06 PM
From: GST  Read Replies (2) | Respond to of 164684
 
William: "Yeah, right. I'm up 11x in Yahoo in less than four years because Yahoo is growing less than 50%!
Have a nice life"

Perhaps Yahoo's growth has indeed slowed down. I wonder how long people will pay such a huge premium for a stock with unclear growth prospects?



To: Bill Harmond who wrote (114876)1/10/2001 10:11:56 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 164684
 
don't tell me 100% of your portfolio is Yahoo !!!