SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Mansfield who wrote (21894)5/28/1999 3:07:00 PM
From: Platter  Read Replies (1) | Respond to of 27307
 
From Briefing.com....(DAYTRADER): Only one week to go until a month before Yahoo! (YHOO) reports quarterly results. That is to say, Yahoo! due to release earnings in about five weeks. Why should you care?: Because almost like clockwork, Internet stocks have begun their quarterly race-for-the-riches about one month before YHOO's earnings. As the attached table demonstrates, Yahoo! shares have been a bottle-rocket during this period. Other net stocks such as Amazon.com have also participated in the move.

Stock March Qtr (Q1) December Qtr (Q4) September Qtr (Q3)
Yahoo! (YHOO) +26% +112% +48%
Amazon.com (AMZN) +50% +148% +17%

Over the past three quarters, YHOO has jumped an average of 62% during the month leading up its quarterly report, while AMZN has scooted an average of 72%... Just like life, Internet stocks come with no guarantees. But in a momentum-driven market, investors/traders always looking for the next catalyst.. Over the past year, the anticipation of YHOO's earnings has been just the shot-in-the-arm needed to lift Internet stocks out of their corrective funk.