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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio
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To: RockyBalboa who wrote (805)7/7/2000 1:52:47 PM
From: J.Y. Wang  Read Replies (1) of 1766
 
Re: YHOO

I would have to disagree here. I have no position in either AMZN or YHOO.

AMZN was/is grossly over-valued but the more fundamental concern was/is about its business model. There are legitimate concerns about whether AMZN will ever be profitable.

YHOO is grossly over-valued but so are hundreds of other stocks on the market, including blue chips like GE and KO. YHOO's business model works. YHOO is profitable. YHOO is in the top three most visited sites on the web (AOL and MSFT are the other two -- good company to be in). If any Internet company will survive and prosper, YHOO will.

If YHOO tanks significantly, I am buying.
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