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: Mohan Marette who wrote (11963)	7/8/1998 11:35:00 AM
From: Bearded One	Read Replies (2) of 27307

I nominate the CIBC Oppenheimer analyst for Yahoo as the idiot of the year. Here are his "ten reasons investors are buying Yahoo:" 1) Company is executing flawlessly and continues to blow away expectations 2) Market opportunity could be enormous and outlook continues to improve 3) Stock is very difficult to value precisely, so hard to prove it's "overvalued" 4) Internet could be "biggest thing since telephone" so investors must be involved 5) Stock was "expensive" at $30 and $70, so valuation is a lousy performance indicator 6) Demand outstrips supply--lots of eager Internet investors, few quality shares 7) No Asia 8) No technology product cycles or inventory risk 9) Retail investor euphoria (delirium?) 10) Cool name Note that #2 and #4 are the same argument. So is #3 and #5, and #6 and #9. Also note that he recommends the stock. And yeah, he hedges by saying "reasons investors are buying" rather than "reasons you should buy," but everyone reading his essay will get the message he's sending (especially when he writes things like in #4 'so investors must be involved').

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next