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To: The_Guru_00 who wrote (16423)12/28/1998 7:14:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 27307
 
There is a distinct possibility that Meeker may downgrade YHOO and other internet stocks based on valuation. She said in the Barron's article that she would like nothing better than a 20-50% correction of these internet stocks to get back to a more reasonable valuation when YHOO was at about 200. If she wants to be treated as a real analyst not just somebody who has been hyping up the internet stocks, then she needs to follow up with downgrade when the valuation of these stocks is getting out of sight. As a matter of fact, many fellow analysts are looking at if she has the conviction and integrity to do so.