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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (6239)4/6/1998 12:28:00 AM
From: Roger A. Babb  Read Replies (2) | Respond to of 18691
 
Mike, yhoo will go up if it beats earnings. yhoo will go up if it misses earnings because growth rate will be higher. yhoo will go up if it reports a big loss. It will go up even if revenues are down. Yhoo is not trading on any fundamentals, just pure and simple greater fool tulips theory. It will take an external market event to break the cycle, but we could see a 50% one day drop when it happens.