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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Getcher who wrote (17903)4/13/1998 1:53:00 AM
From: K.J.Y.  Read Replies (1) | Respond to of 50167
 
YAHOO: Thoughts on Short.

YHOO is now at 114, over 40x Price to REVENUEs. I am thinking of going short on it, what do you guys think about Yahoo in the short term, ie, next week?



To: Getcher who wrote (17903)4/13/1998 11:00:00 PM
From: Riskmgmt  Respond to of 50167
 
Hi Gretcher;
re:Thanks for your thoughts on INTC and ASND. I agree with you long-term, however I
am looking extremely short-term with INTC (just till after earnings on 4/14) and ASND
(looking to lock in profits selling June or May 50's and have ing the bull spread between
40 and 50 for free). For once I am being completely short-sighted on purpose! :o)


Your welcome Gretcher-short term is a crap shoot it is true-so many factors can play into it. However, judging by Intels strength today I think there is more chance they will meet or beat. Don't forget that they already warned and got the analyis to lower estimates. Asnd could go either way but .26 cents per quarter doesn't justify a $40+ stock.
Hey but WDIK. Good luck and yes long term I like them both as well as Citrix-my favorite currently:):)

cheers,

Ray