Now if Yahoo would just add free pc's to the free email, free search engine, free quotes, etc, just think of how many eyeballs it could sell to advertisers!
I do think it may take awhile for YHOO to tank. First the insiders and fidelity and the rest of the big boys have to get out of their stock, then they need more buying to accumulate their short positions.
Then and only then, will the first quarter drop in advertising sales be splashed across the media as some new revelation. Analysts will downgrade the stock and the public will get caught holding the bag.
Until then, the internet will be the hottest, the safest, and the industry with the most potential for unimaginable profits of this century and the next. Never mind that everything, including the kids, is already factored into these prices. As Oppenheimer said today, these stocks are "safe havens". He might as well have said, "you'd be foolish not to own these stocks".
Craig, I'm glad to see you have a quick trigger. Enjoy the momentum, but sometime soon I hope you have the good sense to just step aside.
It's the same old game that is played so many times.
Do any of you think no one knew prior to yesterday that Intel wasn't going to have a good quarter? Just look at the volume on the days it was trading over 90. |
