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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (17899)10/7/1998 5:26:00 PM
From: Jurgen  Read Replies (1) | Respond to of 69810
 
Clint, YHOO seems to be the strongest NAZ stock. It has lots of room to go up. But i wouldn't touch it in the current environment. You go to get a cup of coffe and when you're back it's down 10 points. BTW, i heard of a trader who doesn't eat and drink between 8 am and 4 pm...

I bought some CSCO today at 43.5 - no conviction, just expecting a bounce. I'll get out if it breaks 39. EMC ran away from me, damn discount brokers...
Comp made a new 52wk low today, 1462 - scary !

cu Jurgen



To: Clint E. who wrote (17899)10/7/1998 5:27:00 PM
From: fedhead  Respond to of 69810
 
I say this stock is a keeper if you believe in the growth of the
net. I think I am buying tomorrow and will not let the volatilty
scare me .

Anindo



To: Clint E. who wrote (17899)10/8/1998 12:44:00 AM
From: Suresh  Read Replies (1) | Respond to of 69810
 
Hi Clint,

>> I saw that. 88% sequential growth in net income and only ~20% gain in the

I guess you are in good mood....nice move buying yhoo. I missed it (seems to be my story for this quarter with yhoo) but you know well that what the street cares is really revenue growth and not the bottom line growth. Revenue growth sequentially is about 30%... So, my upside target is $130 for this run.

To put it in another perspective... Rev for year ending 97 was 67.4 mil. Revenue for the first 3 quarters is 152 mil. Growth of 126%. Stock price at the end of 97... approx 34. Stock price now is 114 an increase of 235%... I guess street has rewarded it quite nicely.

Later,

Suresh