Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@bellsouth.net>
Subject: [CANSLIM] OT?? - sign of the times??? I hope not!!
Date: Thu, 29 Aug 2002 23:53:24 -0400
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Yahoo traded over 3X ADV and up over 12% after Merrill upgraded it from "sell" to "neutral". Gee, that sure seems like a reason why I would want to own it?? I would admit that lately, "M" seems to respond favorably more often to good news, and tank less. And bad news doesn't seem to be bringing about so many 30-50% declines. But I am still struggling to see an "upgrade" by a major wirehouse from sell to neutral (you won't lose money any faster here than with the rest of the market, but then you won't make any more either, so why not risk your capital) as constituting good news sufficient to buy this stock. Am I missing something here? Tom Worley stkguru@bellsouth.net AIM: TexWorley - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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