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Technology Stocks : Shorting YHOO -- Ignore unavailable to you. Want to Upgrade?


To: Mark T. Heath who wrote (10)7/8/1998 5:57:00 PM
From: David R  Respond to of 108
 
Nope, and many shorts who have not covered might do so to add even more fuel to the fire. YHOO is one to watch, no doubt about that.




To: Mark T. Heath who wrote (10)7/8/1998 6:03:00 PM
From: Hiram Walker  Read Replies (1) | Respond to of 108
 
MArk, you know the secret to investing is finding a leading stock that may produce earnings,and riding the other ones for all they are worth. I missed this one on the long side,not a shorter. Well I remember AMGN,is produced earnings,and every crap biotech in the world hit $100 a share. Most are gone now,a few major ones are still here,and making money,the rest are haging on. Or CSCO posted great numbers,the telecom equipment makers all hit $100,now they are all struggling except CSCO,LUcy,and a few others. And the beat goes on,this made sense,everyone is wired now,though slow connections,I thought software enabling companies would take off,they have,but nothing like the Portals. I don't use search engines much,because of an extensive bookmark library. I think that is how YHOO got started,they were trying to put a bookmark collection together in their cellar. It makes sense what has happened,though most of the weaker companies will rise and fall, the biggies will remain.
Hiram