1000% upside? And you dare compare what Yahoo! sells to what MSFT,INTC sell to the world ?
Advertising ? Have you seen the guys who advertize at YHOO are none other than their brothers like Amazon.com, KTel, Preview Travel etc.? Money losing companies paying other money losing companies ! No pepsi, No coke, FORD, GM, Compaq, Merck, etc. etc.
You are one of those who are simply in awe over the Internet, Do not realize that the Internet is a completely free medium with no barriers to competition. You have decided to give a company that maintains a free directory service and search engine and can only B E G for advertisement contracts NOT demand them from customers, a market cap of a whopping 100 billion+ when at its current growth rate it might never reach 500 million in revenues by end of Year 2000 !!
So much speculation of an unproven industry isn't too good for the stock market. I'll love to see what you have to say only 2 quarters down the road, when yet in its prime, Yahoo reports its first quarter of slowdown in sequential growth, and operating losses.
I'll be watching. And it wont be a pretty sight for you longs. |