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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Joemick who wrote (10173)4/16/1998 5:09:00 PM
From: The Vinman  Respond to of 27307
 
CNBC announced that venture capitalists are trying to sell over 1 million shares of XCIT, finally some good news for us poor shorts in this sector.

Vinman



To: Joemick who wrote (10173)4/16/1998 5:34:00 PM
From: eric her  Read Replies (2) | Respond to of 27307
 
20% pull back in next few days?
So many people think internet sector is tooooo high, but it is still going up. Such as Yahoo, be honest with you, I use it just for searching, but rarely spent much time in reading the AD.

Yahoo is good, let's assume it has 100% GROWTH IN EPS for next 3 quarters, the eps will be (4M 8M 16M 32M)/52M shares, around 1.2 EPS.

Another issue for internet search engine business is, there is no barrier for entering the business. If it is really so profitable, then we can see many big company will enter the business.
Protect your investment, buy some put's might be not too bad idea.



To: Joemick who wrote (10173)4/16/1998 6:08:00 PM
From: Doo  Respond to of 27307
 
Joemick: I was mocking whoever my post responded to. It was suggested that because Asia was weak, the internet stocks would become a safe haven. I concur in your comments.



To: Joemick who wrote (10173)4/16/1998 6:29:00 PM
From: Mike McFarland  Respond to of 27307
 
If you had to stand in front of
a train, which would it be, Amazon,
Excite, Yahoo? I'm not really set
up to short, but I'm curious which
you would do.