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To: MilesM who wrote (2390)	1/28/1999 5:03:00 PM
From: Alex Dominguez	Respond to of 5300

everones on a buying spree: THE MARKET MIDDAY ~~~~~~~~~~~~~~~~~ DJIA 9266.40 +66.17 (+0.72%) S&P 500 1259.01 +15.82 (+1.27%) Nasdaq 2452.57 +45.43 (+1.89%) Russell 2000 423.32 +2.20 (+0.52%) 30-Year Bond 101 31/32 +4/32 5.12 Yield To the Motley Fool Main Page An Investment Opinion by Louis Corrigan FOOL PLATE SPECIAL: Yahoo! Storms the Gates of GeoCities ~~~~~~~~~~~~~~~~~~~~~~~ Internet consolidation continued today with the announcement by top Web portal Yahoo! (Nasdaq: YHOO) that it will buy GeoCities (Nasdaq: GCTY), the leading webpage hosting community, in a stock deal valued at around $3.6 billion. Shares of GeoCities soared nearly 50% to $112 1/4 a share on the news as the merger calls for a stock swap of 0.3384 shares of Yahoo! for each share of GeoCities. Altogether, Yahoo! will issue about 10.6 million new shares for approximately 31.4 million shares of GeoCities. Yahoo! will also convert 8.9 million shares of GeoCities stock options into more than 3 million Yahoo! options