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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme -- Ignore unavailable to you. Want to Upgrade?

To: STEAMROLLER who wrote (6585)	7/6/1998 11:51:00 PM
From: STEAMROLLER	Read Replies (3) \| Respond to of 8798

Yahoo stock surges on expected stock split Reuters Story - July 06, 1998 16:35 PALO ALTO, Calif., July 6 (Reuters) - Yahoo! Inc. shares surged Monday on expectations the company would follow other Internet businesses an announce a stock split, analysts said. Yahoo was the biggest gaining stock on NASDAQ and finished the session up $26-3/8 to $199-1/4. Bob Walberg, an Internet analyst with Briefing.com in Chicago, said that with Yahoo's share price approaching $200, the company likely wants to bring it down to a range more appealing to individual investors. Although investors have rushed to buy Internet stocks at any price, recent splits by Excite Inc. , Lycos and other online companies spurred even more buying. Walberg said he thinks Yahoo will announce a split of "at least" 3-for-1 and possibly 4-for-1, although he did not rule out a conventional 2-for-1 split either. He added if Yahoo stock is not split, "not only will I be surprised, the whole market will be surprised." . hoping for a 4-for-1 split myself, i want in!!