SI
SI
discoversearch

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 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dave Jones who wrote (723)6/11/1997 1:19:00 AM
From: Bill Wexler   of 27307
 
The company is not worth 1 billion dollars. Period.

In order for an investor to see a viable return on his investment at these levels, Yahoo will have to grow sales to nearly half a billion in a ridiculously small period of time. This is not going to happen.

I don't see how paying $30 for one share of stock in Yahoo with the enormous downside risk built into its current price makes more sense than simply buying a bond at 7%.

The only reason Yahoo didn't continue its downward drift from its IPO is the temporary return of momentum gamblers and short covering. Inevitably, the stock will be priced correctly.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext