Dear Peter Pom-Pom......
Boy-o-boy, Have you wiped yourself off yet from all your excitement. Remember me, I was the poster who first alerted this board of Jeff Vinik's accumulation of YHOO. Guess what, the whisper #, SHHHHH....don't tell anyone.....was 3 cents. YHOO made the #, didn't blow it away, and will probably trade at least a little higher tomorrow. Hoewever, if you aren't nimble you will probably lose the opportunity to sell at its 1997 highs, as our boy Jeff begins to unload. He is not all that happy about the investment income....real operating income split and now realizes that this stock is no MSFT or INTC and happily heads for the exit doors.
You are delusional if you really believe all your BS about this being an unbelievable growth stock. AD run rates are increasing,si,
, but not exponentially enough to justify these valuations. All the JV deals are not revenue generators but instead market placement strategies that will ensure survival, not profitability. Survival assurance has been assumed by the investment community, but exponential profitability has not. You are buying into classic hype without enough hard operating revenue #'s for support. Don't forget,
Wall St. is a fickle mistress and she doesn't lust forever, unless the #'s talk. These #'s are not the stuff of forever, nor of value. You might want to lengthen your skirt and repaint your saddle shoes....it could be a case of potential date rape.
Backspread and Loving it.......
Steve aka JBD |
