Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Webfoot who wrote (15165)	11/12/1998 8:27:00 PM
From: Jan Crawley	Read Replies (1) of 27307

Excellent post. Please allow me to post it again Message 6395870 SO fellow Silicon Investors, keep your heads about you. Gamble if you will and take advantage of the 20 point daily swings if you've the money and the stomach for it, but don't fool yourselves into thinking that Yahoo is a good buy at these prices. Yahoo is a house of cards that is very good at self promotion and has published a large, cluttered web site. Nothing more. They have little in the way of Intellectual Property or any other assets, they are only profitable because they don't spend on R&D and manufacturing. Don't confuse pure speculation with the BS about “new media will pay off in 5 years”. Yahoo offers a useful directory to the web. This has created their most valuable asset: a brand identity that might justify a $30-$40 per share value, (though three very large well capitalized suitors passed Yahoo over last April as way too expensive at a split adjusted price of $24 / share.) This bubble will burst. Over 30% of the limited float is Institutional owned and their program triggers are cocked and ready to take profits. Take your profits now – there's a war brewing in the middle east. You'll have the chance to buy back into the game on the next cycle. Don't be at the party when the lights go on! Next Previous

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