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: Bill Harmond who wrote (10203)	4/16/1998 10:01:00 PM
From: Michael Collings	Read Replies (1) of 27307

The facts William are that as long as there are hundreds of new internet IPO's waiting in the wings, brokerage firm analysts will continue to rate these stocks as strong buys, long term buys, buys etc. There's big money to be made in these IPO's and none of the brokerages want to see this end. I think this has to be a dilemma for them right now, that these stocks are at dangerous levels so they don't want to hype them and be criticized but at the same time they don't want this to end or it will be the end of the lucrative IPO market for them. Yes this definitely looks like the biotech frenzy. Maybe Yahoo is a great company and will make real money in the future but at least 80 to 90% of these new IPO's will be out of business in the next 3 to 5 years. This is nothing but a mania for anything with "internet" in its profile. Unfortunately when it ends it will take Yahoo down with it. But then you really need to think about what it is worth today and maybe next year. Factoring in 5 and 10 years into todays price is absurd. Even MSFT only factors in a few years.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next