SI
SI
discoversearch

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.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: JOHN CHEN who wrote (17732)1/12/1999 5:20:00 PM
From: Dalin  Read Replies (1) | Respond to of 27307
 
TO ALL SHORTS!!!!

Message 7245293

GL!!! D.



To: JOHN CHEN who wrote (17732)1/12/1999 5:27:00 PM
From: gizelle otero  Read Replies (5) | Respond to of 27307
 
YAHOO! INVESTORS CALLED "INSANE" BY SURGEON GENERAL
Investor's Newswire (Mount Holypoke, MA/12 Jan 99)

The Surgeon General of the United States today called investors in Yahoo! Inc. "certifiably insane" in a news conference on the health status of the nation.

"We are dealing with a mental health crisis of epidemic proportions", the Surgeon General said. "Modern science needs to address this national tragedy through new medications and increased funding for research into what would cause normally rational people to invest in these types of stocks".

"Never have so many paid so much for so little", he commented, before heading back to Washington to consult with his national health advisors.



To: JOHN CHEN who wrote (17732)1/12/1999 5:49:00 PM
From: Jerry A. Laska  Respond to of 27307
 
John:
Reuters reports Yahoo's closing price at 402.

biz.yahoo.com

Nasdaq tumbles as Internet and techs take drubbing

NEW YORK, Jan 12 (Reuters) - The Nasdaq composite took a drubbing Tuesday as frothy
Internet and high-technology shares were sold-off, ending a seven-day string of record
setting closes for the tech-laden index.

The Nasdaq composite index closed with a loss of 63.77 points, or 2.68 percent, at
2320.75 on volume of 1.1 billion shares. Market breadth was negative with three stocks declining for every two stocks
advancing. But 147 stocks hit new 52-week highs while 31 reached new lows.

''When they started to fall apart after yesterday's insane run-up, it just snowballed,'' said Bill Meehan, chief market analyst at
Cantor Fitzgerald.

Intel Corp. (Nasdaq:INTC - news), the world's largest computer chip maker, reported after the close better than expected
fourth quarter earnings per share of $1.19 compared with the First Call estimate of $1.07. The stock closed down 4-3/16 at
135-9/16.

Yahoo! Inc.(Nasdaq:YHOO - news) the Internet media company, which fell 12-1/2 at 402, reported proforma fourth quarter
net income of $0.21 a share, compared with the First Call estimate of $0.16.

Yahoo! also announced a two-for-one stock split.

Amazon.com Inc. (Nasdaq:AMZN - news), the online book, music and video retailer, fell 21-1/4 at 163-3/8.