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To: Paul Merriwether who wrote (11192)6/18/1998 6:23:00 PM
From: fedhead  Respond to of 27307
 
The market has a tendency to do the opposite of what the majority
expects. Using that logic YHOO might close up tomorrow after an
initial downdraft.

Anindo



To: Paul Merriwether who wrote (11192)6/18/1998 6:29:00 PM
From: craig crawford  Respond to of 27307
 
>> otoh, it might allow the bears to short it at still very high prices and ride it down nicely <<

I was kind of thinking that the bears would be the ones propping the price up tomorrow, with all of their covering.



To: Paul Merriwether who wrote (11192)6/18/1998 6:31:00 PM
From: Irfan Rashid  Read Replies (2) | Respond to of 27307
 
All: From the article it seems to indicate that this is a SEC filing,
and the quarter and yearly loss is due to one time charge of $45M for acquiring a company and not actual operating loss.

If YHOO sees 'red' in Q2 due to acquisition charges then this news
is not as bad. However, if they expect to see a loss (without acquisition charges) then this is extremely negative news - from
the article this doesn't seem to be the case.

Also, the part about competition, they also mentioned doom and
gloom in their previous SEC filing of May 15th.

Am I interpreting this article correctly, or .... Well, we will
know tomorrow!!

--Irfan