Shorting YHOO Message Board

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Technology Stocks : Shorting YHOO

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: John Stockman who wrote (102)	12/9/1999 6:58:00 PM
From: Jerry Gogol	of 108

John I agree no post is silly.I posted in the euphoria of just buying yahoo again at over $100. less a few day before.I agree that no stock is worth 1200 p/e as yahoo is today.That said I'm still holding my current position.All rules are out.Yahoo, or any other leading company in any field on the internet, will continue to be overvalued but still will make money for their stockholders.This will not stop do to valuation but only to being surpassed by some upstart.None I've found can hang on to yahoo's coat as a portal let along pass. Excite is a far behind #2 in my opinion. If you know of any site portal to come close to Yahoo let me know, please. I think it is silly that Yahoo's P/E=1200 but I'll not short yahoo for a minor point like that.

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