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To: waverider who wrote (3753)10/5/1998 4:16:00 PM
From: drsvelte  Read Replies (1) | Respond to of 14427
 
YHOO!

There is no logic to YHOO. It sports a 800:1 P/E! I was tempted to short near the close, but held off. It should be strong again tomorrow and Wednesday. I'm looking for a "sell on the news" later in the week.



To: waverider who wrote (3753)10/5/1998 9:12:00 PM
From: Lee Lichterman III  Read Replies (1) | Respond to of 14427
 
>>>Now someone tell me why in the hell Cisco is getting creamed and YHOO is up, up, up? <<<<<<

CSCO and LU being investigated by the Fed for secret meetings on how they were going to divide up areas so they wouldn't step on each others toes and questions about price fixing etc. Sorry, don't have a link but it shouldn't be hard to find. It hit the wires about 2 AM and then was clarified in further releases throughout the day.

Lee


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