William - I assumed that you were insulted by my comment and because of this, you stated that you thought my posts were "ridiculous". Obviously I was wrong.
Therefore, I encourage you in the future to do the following: if you read something that I have written with which you disagree, rather than saying it is "ridiculous" or telling me I am "behind the curve", tell me why you disagree, and provide some sort of substance to your reasoning.
Imagine if we all agreed on everything. If everyone loved YHOO - and everyone kept buying it and no one ever sold it (perhaps it would be at 300 now). It would be a bit like nirvana - or perhaps a bit like fascism.
In stating that the arguments that I am making regarding Yahoo are two years old, you seem to be implying that they are not valid. Is this your reasoning - that because the arguments were made two years ago, they are not valid? I believe my arguments are valid. You've yet to address any of the comments I've made on Yahoo - whether we should be concerned about the investment income contributing to the bottom line, how we don't know where the sales are coming from, whether the fact that a five year old $50 billion company should have a 1000 PE. If you're so confident about the company, then these issues should be easy to address. Yet, you've said very little - and as such, I can only assume that your bullishness on Yahoo appears to be mostly based on stock price momentum. If it is not, enlighten me.
Thanks,
-Eric |
