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: HiSpeed who wrote (15190)	11/13/1998 2:33:00 AM
From: HG	Read Replies (1) of 27307

New to this site. As a long who has just unloaded the stock after the roller coaster from 68-134-97-185-170, I believe the stock derives its value from the speculative investors. The condition is compounded by existance of gullible investors with get rich quick thinking, riding on the coattails. There was this guy on Yahoo board who claims that he was inspired by the longs on the bulletin board (I am guilty by association) borrowed against his assets and entered @175 with $135,000. He panicked when this dropped to 165. Said his life would be ruined if he got a margin call !!! Now when you have people like that buying at 175, what valuation models can you follow ? Where does the rationality come in ? Personally, I'm keen on going long again. The stock is totally governed by technicals and perception - no fundamental analysis can be applied. It is as if the public is willing the stock up. It must stop at some stage. It will. Till then, enjoy the ride. In the eyes of public, Yahoo represents internet. WHen we discuss YHOO, we discuss internet. Somehow, the dissociation seems uncomprehensible. Till the time we are able to separate the two, and realise that internet is here to stay..with or without YHOO, the ride continues. Even with the separation, one wonders how the first mover advantage will affect the fate of the second and third tier companies..... food for thought.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next