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 (10340)4/19/1998 2:00:00 PM
From: JScurci  Read Replies (1) of 27307
 
Dear William,
Mr. Readerman may very well have a "seasoned mind" but let's
face it, it's a bit too trite for he or anyone else to say it's "OK"
to buy a stock like this with someone else's money. How much stock
did David Readerman buy on Friday with his recently earned bonus dollars? And if he did buy some, how much of his net worth is in the
stock? Does David own this name with the same relative fervor as 90%
of his institutional clients who take 1% positions in 100 names? If
so 'B.F.D.'! Tell me he mortgaged his and his mother's house to buy
this stock here and I'll sit up and take notice.Someone who decides
to make an "investment" in Yahoo is in fact making a "venture capital"
style "investment" in what is still an unproven company in an unproven
industry, albeit, one that shows much promise.Unfortunately at 100+
times or so someone's revenue estimate you are not paying venture
capital style prices,rather, at those prices you are in "LA-LA Land"
making not an investment but rather a "wager" that this stock will
go up another 5 or so points this day just like it did the other day... and so on. The scary thought is that at half it's current price
all of the above is still true. As long as someone then is making a
"wager" at least go into the area where the odds are in your favor.
regards,
John
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