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To: Glenn D. Rudolph who wrote (49748)4/10/1999 4:40:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Glenn,

>> What about more acquisitions?

Of course. There are always those. For instance Yahoo could purchase General Motors in a stock-swap merger of equals. I think their market caps are comparable. Perhaps if they wait a few weeks, Yahoo could purchase General Electric as a wholly owned subsidiary. It would only take a few million shares of convertable bonds.

The assumption that I am using to drive my trading (and which could still drive me to bankruptcy) is that the acquisitions Yahoo has made are absurdly over-priced. (geocities and bcst). The trick is they have not paid cash, but are using their stock. Do you know whether the geocities dilution is in the float yet ?

I know that very successful people on this thread are expecting an over-shoot in yhoo. I don't know what would prompt it, but an acquisition is plausible as a trigger. But also the announcement of a new service on their web page might do it. Something like horoscopes, or perhaps a classifieds section for used clothing or pez dispensers.