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To: Paul Merriwether who wrote (132920)	10/15/2001 11:26:37 AM
From: H James Morris	Respond to of 164684

Why would anyone buy global (GX) at .38c? But they did. Global crossing is what I call a mo-mo and a ballsy play. >Global Crossing (GX: news, chart, profile) rose more than 25 percent in early action. The Financial Times reported Sunday that the broadband telecommunications company had held discussions with investors, about selling part of its debt in exchange for a significant equity stake. In the past 52 weeks, Global Crossing's shares have traded in a range of $25.88 to 38 cents.

To: Paul Merriwether who wrote (132920)	10/15/2001 12:16:36 PM
From: H James Morris	Respond to of 164684

Why would anyone buy Yhoo at 212?Well, because of Wall Streets bull shit at the time. The portal is lauded for the length of time the typical user remains on its sites and the enviable loyalty of its users. Hey, I love Yhoo as long as its free. Aol gets what? $25 pm per customer? This was just 1 year ago. September 28, 2000, 10:40 a.m. PT Analysts emphasized their bullish stance on Yahoo today, while others reined in optimism for Nortel Networks as the telecommunications sector heads for a slowdown. Three financial institutions drafted favorable reports this morning on Yahoo, whose shares took a beating yesterday after Priceline.com warned it will miss third-quarter sales estimates. The Priceline slowdown, blamed on stagnant sales of airline tickets, raised investor concerns that Yahoo and other e-commerce giants would have difficulty meeting Wall Street's revenue projections for upcoming quarters. Yahoo stock sank more than 12 percent yesterday, closing at $90.38--the stock's biggest one-day percentage loss in five months. Adding to the pressure on Yahoo's stock price was an ominous announcement earlier this month by Amazon.com. The largest Web retailer ended a three-year marketing relationship with Yahoo in the United States, then announced it would renew its marketing partnership with AOL, the world's largest Internet portal. Though the two companies have different business models, AOL and Yahoo are in a fierce battle for "eyeballs," or the number people who browse and shop at their sites. But analysts discounted Yahoo's recent stock slide and the AOL rivalry this morning, emphasizing their long-term confidence in Santa Clara, Calif.-based Yahoo. The portal is lauded for the length of time the typical user remains on its sites and the enviable loyalty of its users. Analyst Carolyn Trabuco at First Union Securities reiterated her "strong buy" rating and 12-month price target of $150. Analyst Safa Rashtchy at U.S. Bancorp Piper Jaffray reiterated a "strong buy" rating and a target price of $185.00 per share. Henry Blodget, an analyst at Merrill Lynch, reiterated today his near-term and long-term "buy" ratings on Yahoo. He noted in a research report that he believes the company is on track to meet or exceed third-quarter revenue estimates of $280 million by as much as $10 million. "The shares are still expensive and if sentiment continues to worsen it will not bode well for the stock," Blodget wrote. "However, we continue to view Yahoo as a core holding, particularly for the long-term investor. We think pressure on the stock may be relieved following third-quarter results." In morning trading today, the stock rebounded to $96.31, up nearly 7 percent from yesterday's closing price.