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Technology Stocks : Yahoo! going South? -- Ignore unavailable to you. Want to Upgrade?


To: balu vishwanath who wrote (1)6/19/1998 4:37:00 PM
From: David Tong  Read Replies (2) | Respond to of 35
 
Yhoo should go down more.

I am very surprised yhoo didn't go down at least $5 at the open.

Opening down $1 suggested how the rest of today will be like -- ie. not so much selling pressure because everyone knows of the bad news Thursday already and should have hammered yhoo at the open.

These internet search engines hold on their value pretty well though many analysts say the bubble should burst.

The other day when Dow dropped 200, yhoo went up too; earning, revenue and competition warning are no big deal!!