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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: HG who wrote (56764)5/14/1999 11:48:00 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
Happy,

You can read my posts from the earliest one. The day yhoo went over 200 I posted to Jan and GST that I thought yhoo was a screaming short and posted the reasons. Jan shorted at 228. I waited to the next day and shorted at 208. I shorted 1200 shares at 184 a couple weeks ago and rode them down to 170. Today I covered 300 that were shorted 3 days ago at 165. You replied to some of my posts where I said I thought yhoo's acquisition of bcst for 33 mil shares indicated that yhoo mgmt valued their own stock at much less than the going price. There is nothing new in my posts. Anyone who thinks $226 is a good value for a stock with 7c quarterly earnings is being very optimistic. or perhaps is a happy girl.



To: HG who wrote (56764)5/14/1999 11:52:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
Happy,

One more thing. As you can read in the posts, many people said many times the plan is to buy a couple weeks before e, wait for the run-up. Sell into the frenzy. wait for the subsequent drop. and buy again. And we were talking of drops to 170, 150 then 130 (in yhoo). The first two occurred. The third ?



To: HG who wrote (56764)5/14/1999 11:59:00 AM
From: larry  Read Replies (1) | Respond to of 164684
 
Happy,

I think that YHOO! is a great long term investment. Sure you can make $$ in both ways. Shorts will boast how smart they are when they short the issue down to 104s, while longs can say that they bought at 140s and sold at 170s in two days. Issue is volatile but I do see this as a 100+ billion company within the next 5 years.

At current level, YHOO! is a much better buy than AOL.

good luck,
larry!