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To: Turboe who wrote (17288)5/13/1998 7:35:00 AM
From: David Colvin  Read Replies (2) | Respond to of 27968
 
Turboe said,

"Tod-- anyone who buys ANYTHING on projections is an idiot. You buy what they are NOW."

LOL!! There must be a lot of idiots buying Yahoo! stock. Closed yesterday at over $115.00 per share with net earnings of -$0.43 per share. That was not a typo. MINUS 43 cents per share!!!

The last time I checked, I thought the stock market was a discounting mechanism....pricing stock based on future expectations.




To: Turboe who wrote (17288)5/13/1998 11:18:00 AM
From: Tod C  Read Replies (2) | Respond to of 27968
 
Turboe,

Huh? You're kidding right?

I guess you and some other posters on this thread just
have to say something even if it doesn't make sense.