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: Dave Johnson who wrote (1623)	9/24/1997 6:02:00 PM
From: William T. Katz	of 27307

I just shorted YHOO 500 shares today at 52 1/16. I use Yahoo. I enjoy Yahoo. That doesn't mean its worth over $2 billion today. Maybe in a year when there has been some shake-up and Yahoo is still standing and in the lead. Yahoo has name recognition and that's why its worth a lot. But everything else it has can be duplicated relatively quickly (low entry barrier). If Microsoft decides that it needs a Yahoo-like site for MSN, it can sink a couple hundred million $$ to create an uber-site with much more content. I feel that YHOO at over $50 (after split) is like RMBS was when it was over $70. Both are good companies but currently overvalued. I could not get my short launched on AMZN unfortunately ... too difficult to borrow the shares.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next