expect some downsgrades during the first part of the new year as well, as soon as the brokerage houses have rid their shares.
BT ALEX BROWN, INC.
COWEN & CO.
CREDIT SUISSE FIRST BOSTON CORPORATION
DONALDSON, LUFKIN & JENRETTE SECURITIE
EVEREN SECURITIES, INC.
HAMBRECHT & QUIST
NATIONSBANC MONTGOMERY SECURITIES, INC.
UBS SECURITIES INC
VOLPE BROWN WHELAN & COMPANY, LLC.
Hope this helps.
fairly soon. At Dean Witter/Morgan Stanley, Bear Stearns, and at Smith Barney, my friends (about 15 in allwho handle several
very large accounts, and many small ones) both say that $70 was a price target, and they are all planning on changing their
position come Jan. 1st. They are going to drop all of their shares come the first week of January to get into stocks that have been
unreasonably beaten down by the Asian panic. Several even considered buying puts because of the "imminent rationalization of
over-valuation," to use one guy's words exactly. With only 6 to 10 million shares in the float, and most institutional shares being locked
in, this stock will fall fast, hard, and maybe even induce some major panic in the internet stocks as a whole. I'm very secure
in my short now, where I was getting uneasy as of late. Shorts hang tight, and double down!
the institutions will start dumping, the shareholders within the company will start dumping and this stock will fall ten times faster than it ever rose.
that Yahoo has minimal revenues, and increasing competition. A $3 billion company, I think not.
See ya in the 30's.
p.s. Here's a link to a my investment tip site.