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: Bill Harmond who wrote (3090)11/22/1997 9:43:00 PM
From: Eric Klein  Read Replies (2) of 27307
 
"permanently shaping the Internet landscape"

Right. The point that you're missing is that nothing is permanent in this medium.

"they have the brand, the circulation, the balance sheet, and the cash flow..."

1. The brand has IMO negligible worth.
2. They DO have the circulation.
3. Their balance sheet is not that strong. They have about $100 million in cash but when that is compared to their market cap, $2+ billion they are small potatoes.
4. Their cash flow is not that great. They have good revenues, but they sell for 40 times sales.

The point is not that YHOO is not a good company, it is. It's not that YHOO doesn't have a cool website, it does. The point is that their stock price/market capitalization is ridiculously high because of a lot of momentum investing in the stock.

The stock price is too high. It will fall. That is the bottom line. All these momentum stocks follow the same path. They all have some story that propels them, that everyone except the visionaries "just don't get". The stories usually have some element of truth to them, as does the YHOO story. But, it comes down to: The stock price is too high. YHOO is IMHO the most overvalued stock on the market today. At least the most overvalued of those with at least $1 billion market cap.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News