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To: CookiePuss who wrote (20892)	4/7/1999 1:08:00 AM
From: David	Respond to of 27307

CookiePuss, Thank you for your response. I better close my April calls sometime tomorrow! David

To: CookiePuss who wrote (20892)	4/7/1999 2:35:00 AM
From: Chetman	Respond to of 27307

CP, I agree but I'd like to point out that IMO this runup is not as "tremendous" as some are saying. In fact, this big move came mainly from Monday's breakout of a recent trading range of 160-180, whereas last q it had already quadrupled over the previous 3 months prior to earnings. I think there was alot of pent up cash waiting to see if the pending BCST deal would be well received before investing in YHOO. That plus earnings Wed caused the 40 point spike. So even though YHOO seems to be acting similar to past pre earnings moves, I don't see as much downside as before. Heck, the stock is only 35 points above it's recent breakout of 180. That's chump change compared to q2 and q4 98. It's also right around the same price it was before last quarter's report. Kind of an underperformer in the net world - maybe it plays catch-up. I noticed that the stock just broke thru its all time high today (albeit briefly), generally a bullish sign. I also read that due to the GCTY merger, the insiders won't be able to sell their stock after earnings like they have in the past, which should limit the downside. Also, now that "everyone" is expecting a replay of prior earnings price movements, I wouldn't be surprised if it is different this time. Of course, they would still have to beat estimates by a couple pennies. We'll know soon enough. Long stock and options and nervous as hell. Chetnam