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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: David Johnson who wrote (8755)12/22/1997 5:06:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 9285
 
Aieeeee!!! YHOO is a demon stock!!!!

I've been shorting YHOO for a while (including more today at 64 7/8). I consider it my biggest mistake of 1997. But now I'm stuck - so, i just smile and keep riding it.



To: David Johnson who wrote (8755)12/22/1997 5:30:00 PM
From: Roger A. Babb  Respond to of 9285
 
David, I am shorting yhoo in increments as it goes up.



To: David Johnson who wrote (8755)12/23/1997 9:09:00 AM
From: Bob Trocchi  Read Replies (2) | Respond to of 9285
 
David...

>>I think YHO is a prime shorting candidate....<<

I am short this "puppy" and I need a really long straw I am so far underwater. Shorted at 50.

By any valuation measure anyone can think of, this stock is way, way overvalued. Nonetheless, the hype around it keeps coming and I do not know when this will change. I found this article this A.M. FYI.

>>AOL, Netscape, Yahoo! top Web sites

The most popular Web sites last month were those operated by America Online, Yahoo! and Netscape. Research released Monday by Media Matrix, a research firm based in New York, said AOL.com was the most visited Web site by users at home, reaching 47.4 of Net surfers. Yahoo! was tops for access at work, reaching 45 percent. Yahoo! and Netscape were second and third for at home users, while Netscape and AOL ranked number two and three at work. The top at home content sites during the month were ZDnet, Disney and Pathfinder. At work, content sites top ranked were CNN, Pathfinder, Weather and USATODAY. Indicating some people may have been doing holiday shopping at the office, Amazon.com was 13th most popular site for at work users. The book seller's site was 25th for at home Net users.

cbs.marketwatch.com
<<

There is also another interesting article on Internet stocks at

>>Tue Dec 23

Follow The Value:
Big Ups, Downs & Dips In Web Stocks

By Steve Harmon
Senior Investment Analyst<<

isdex.yahoo.com

One comment that caught my eye was that YHOO is UP 174% from Sept. 30!!! It MUST be ready for shorting.

Good Luck.

bob T.