Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

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)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave Jones who wrote (725)	6/13/1997 10:42:00 PM
From: Bill Wexler	of 27307

I do understand that the game is earnings. That's why I also understand that the price of Yahoo will eventually collapse. Yahoo has been bleeding money since it went public. If it weren't for the fact that they earned some interest from the IPO proceeds last quarter, they would have shown a widening loss. The market cap for Yahoo now stands at over a billion dollars. It got that way from momentum investor speculation and MM manipulation on a relatively small float. However; the float is increasing as the company and insiders sell into the rally. I guarantee you if Yahoo insiders felt there was even a small chance of seeing 150 a share, they wouldn't be selling at this point. But please, don't let me discourage you from buying. Somebody has to pick up the shares I'm shorting.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next