Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: put2rich who wrote (14208)	9/29/1998 11:03:00 PM
From: xcr600	Read Replies (1) \| Respond to of 18691

I don't follow ELNK. They are reporting Oct 12, expecting (.13) YHOO will be the first of the big Internut's on Oct 7, expecting .09 Granted these stocks don't trade on fundamentals, but YHOO disappoints, the whole sector will get nailed. May be a safer bet to wait right before earnings. Haven't heard a whisper number yet, probably too early. I'm not taking into account what may happen globally between now and then that will affect the market. God only knows with the way things have been lately. Good luck.

To: put2rich who wrote (14208)	9/30/1998 9:38:00 PM
From: xcr600	Respond to of 18691

From Briefing.com 9/30/98 YAHOO! INC (YHOO) 127 15/16 -3 9/16. What are the chances that Yahoo! will miss its quarter? Most would probably agree that the odds are quite slim. We would put the chance at about zero. Analyst Amenability: This is a company that is growing revenues at more than 150% per year, yet quarterly earnings projections never seem to vary by more than 2 cents-a-share. Illustration: For the quarter ending today and to be reported after-the-close of trading October 7, the mean estimate calls for Yahoo! to earn $0.09 a share. The range, however, is an astonishingly narrow $0.09 to $0.10 (which means a low estimate $0.09 and a high estimate of $0.10). Such an attenuated range would not be unusual for a company covered by only three or four analysts -- but one followed by more than a dozen? Always Beats By a Mile: Given that the company has absolutely obliterated mean estimates each quarter as far back as we can remember, the tight range seems that much more unusual. Yahoo! has exceeded published estimates by an average of 189% over the past five quarters (433%, 300%, 54%, 100% and 60%). Why the Kid Gloves?: Could you fathom the effect on Internet valuations a Yahoo! earnings shortfall would cause? With the stock currently trading at 278 times 1999 estimated earnings and 104 times trailing revenues, analysts can't afford to risk an earnings shortfall. Put in Perspective: If Yahoo! shares were to lose 75% or their value, which would mean shedding about $9 billion in market-cap, the stock would still trade at a premium to number-two search engine Excite Inc. Whisper Number: Since traders know that Yahoo! will not only meet estimates this quarter, but exceed them, the question on everyone's mind is: By how much? *Estimates furnished by Zacks ----------- What I find interesting is the narrow estimate range. Almost seems like all the analysts are working together to keep the Internets hot. (I'm NOT suggesting a conspiracy.) It's like they're trying to baby this sector through it's relative infancy. Thoughts?