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: sea_biscuit who wrote (26289)	1/11/2001 5:19:14 PM
From: SouthFloridaGuy	Read Replies (1) of 27307

Fundamentally that could happen, of course. It's just so hard and even scary to think about it. I honestly don't think it will go that low - my bet is $5 will hold - but who am I to say? If you want my opinion, I think a big problem is the tremendous wage pressures on companies in SF/NYC and a few other hot spots. It's completely eating away at corporate profits. The only way for a Yahoo to survive (if your bankruptcy analysis proves true), is to lower its fixed costs; layoffs and PAY CUTS are inevitable in almost all sectors on a widespread basis. This fact will also prove true in other techs like CSCO, old-economy like GM, as well as financials such as Goldman Sachs, where packages for the fall of 1999 guaranteed associates (MBA's) 300k the first year and 400k the second year if they didn't leave to dot coms. Massive layoffs, pay cuts, all have been prevalent features of recessions - I don't see why it couldn't happen this time. I think that this time the difference is we're falling from a much higher peak than in the past so it will feel pretty bad, when in the past it would have been considered normal.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next