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To: Trader X who wrote (10246)12/9/1997 9:59:00 AM
From: Trader X  Read Replies (2) | Respond to of 17305
 
another surprising buy signal this morning: YHOO

off of yesterday's report that Yahoo was the most visted site on the Web, YHOO broke through resistence at $59. Now trading back to $59 this morning.

quote.yahoo.com

my target based on the pattern is $70-75.

-Kevin



To: Trader X who wrote (10246)12/9/1997 10:21:00 AM
From: Andrew Vance  Read Replies (2) | Respond to of 17305
 
*AV*--Not even a DCB on ORCL???

BTW-For Future Reference and to keep in the back of your mind:

Monday December 8, 5:08 pm Eastern Time

Steelcase Inc files for initial public offering

GRAND RAPIDS, Mich., Dec 8 (Reuters) - Steelcase Inc said Monday it filed a registration statement with
the Securities and Exchange Commission for an initial public offering by existing shareholders of up to 10 to
15 percent of its common stock.

The company said it expects to complete the transaction during the first quarter of 1998.

Goldman, Sachs & Co, Bear, Stearns & Co Inc, Morgan Stanley Dean Witter, and Salomon Smith Barney
will be the managing underwriters for the initial public offering stock.

Steelcase said about 15,000 company employees will receive 10 shares of common stock each concurrent
with the offering.

I have visited all the majors in this field and these guys have a great deal on the ball. It is out of my area of expertise but I figure it is far enough off in the future that maybe someone on this thread has an opinion or could formulate one in time to help us make an informed decision.

Andrew



To: Trader X who wrote (10246)12/9/1997 10:36:00 AM
From: Andrew Vance  Read Replies (2) | Respond to of 17305
 
*AV*---Sold most of the TDFX and replaced it with my old friend DIMD (off from $17) in the mid 10s. Buy trade has not been confirmed yet.

Andrew