posted on January 5, 2001 01:36:20 PM new
As the saying goes, another day, another dollar. In YHOO's case its another $593 million in lost market capitalization today.
posted on January 5, 2001 02:00:13 PM new
It's down with the rest of the market so not much insight can be gained from this.
\"It's lonely at the top, but you eat better.
\"
posted on January 5, 2001 02:26:19 PM newIt's down with the rest of the market so not much insight can be gained from this.
Except that this is coming on the heels of several brokerage firm "buy" recommendations. Those who took their advice within the past few days already have a 10% loss on their investment.
YHOO has declined 90% over the past year, the "stock market" has not; YAHOO has declined 10% the past two days, the "stock market" has not.
posted on January 8, 2001 02:10:37 PM new
Here are YAHOO's numbers for the day. Closed at 27-3/16, down 1-5/16. Market capitalization declined $732 million today, and has plunged $2.09 billion since the Yahoo!Chat's.
Also of note, this excerpt from an article at CNET:
"The company plans to start charging users for access to some of its Web sites. Last week, Yahoo said it will add fees when customers list items for sale on its online auction sites."
posted on January 8, 2001 02:15:51 PM new
i can't wait till it becomes "penny stock"
i have placed a form handler on my webpage wich you can post complaints,make a donation to help form it's own site.. if you would like the link to this temporary site feel free to email me
posted on January 8, 2001 02:19:00 PM new
Yahoo will be reporting its 4th quarter results on Wednesday. Investors are apparently afraid that Yahoo will also be announcing that they expect their profit in 2001 will be less than what the analysts are forecasting. That's why the stock is dropping today.
Notice the coincidence that listing fees are starting on the very day that Yahoo may be giving bad news to investors.
