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To: Bill Harmond who wrote (56907)	5/16/1999 11:13:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

William, Asida from the fact that yhoo is a high p/e p/book p/sales stock, I probably just have an aversion to advertising-based free services and their prospects. For instance I never use yhoo for anything whatsoever. I use AltaVista for search, subscribe to quote.com for business news, R-T for quotes, Zacks for earnings, SI for chat, etc.... So when people extol the virtues of Yahoo (service) I don't know what they're talking about. And I have the belief (maybe mistaken) that if access to yhoo's servers was broken one day, no one would care or feel any loss.

To: Bill Harmond who wrote (56907)	5/16/1999 6:12:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

>> Just remember the long-term story here is up...up big, Conceding that. estimates are 1999: 33c, 2000: 56c, let's say 2001: 75c, 2002: $1.00. How can you worry about shorting a stock with a sky-high p/e like that ? With an ever-expanding float of shares, and a proven propensity for occasional sharp drops ? Yhoo behaves very much like a high beta stock. The dow and nasdaq are at their all time highs. If we get lucky enough to see yhoo at 180 next week, shorting is very much a sure thing. And if somehow there are enough breakout traders who still have some money left and they take yhoo up to 280 near July 12, even long-term holders will sell this time.