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: White Shoes who wrote (1028)	7/23/1997 11:44:00 PM
From: Bill Harmond	of 27307

>>I know you can't project earnings 2 years out for a company with no track record. All you can do is dream. No track record? It's the Number 1 franchise on the Internet: The Number 1 resource used by office workers and consumers both. It leads the other aggregators in every metric by a mile, and it's growing exponentially. Who's dreaming here? How does Yahoo remotely compare with Iomega, Data Race, or Gaming Lottery? Because it's expensive? America Online has been expensive, and unprofitable, for five years. It's up 30-fold. I wouldn't be surprised to see Yahoo back around 40 for a while, but unless you can convince me that interest rates are going up or Yahoo's fundamentals are going to deteriorate somehow, then nothing's changed. It's the wall of worry that keeps stocks like Yahoo moving higher. >>Geez, they sold at 34, maybe they'll short at 50. As I recall, there are shorts around here who shorted under 34 and unbelievably haven't covered under 50. Someone here even said he was shorting more in the high 30's as I recall. At least, set some stops. If it's nearly impossible to borrow stock to short, that's your clue that you're caught in conventional thinking.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next