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: barry s who wrote (16160)12/21/1998 8:51:00 PM
From: oldcrow  Read Replies (1) of 27307
 
About this bubble bursting...

JMHO, here, but several facts may just prevent this "bubble" from EVER bursting, rather we may see it "carmelize" into one of those un-popable hybrid-plastic bubbles.

1) Traditional valuation investors will continue to pour money into the short side...nervously waiting for the "imminent" pay day of the millenium...

2)Fat-money daytraders will continue to drool in ecstacy as the short interest rises...then they'll squeeze....with every last cent they have....

3) Panicked shortsellers will crack...crawling around in misery...they cover....

4) Average Joe buy and hold E-trader, "blind" to what is going on, sees the metoric price rise and jumps on as well..."gonna pay my kid's tuition with this baby for sure"...all I gotta do is buy...close my eyes...open them 5-10 years from now.

5) Meanwhile....out come the reports of how home PC purchases have increased dramatically...out come the reports of how internet access subscriptions have increased dramatically...out come the reports of how e-commerce has increased dramatically....out come the reports of how the average PC user is beginning to EMPHATICALLY embrace e-commerce...the reports continue.......projecting that X % of Americans will be on-line by such and such year...that X % of Americans will be using E-commerce by such and such year...etc...etc.

6) True "e-commerce" investors read the reports and conclude that e-commerce WILL be big...they buy in vigorously..."at the bottom" <ggg>.

7) The short sellers, having successfully avoided a brush with suicide, collect themselves for another round against the "mothers of all shorts"...but...

8) More of those damn reports....

9) More of those damn Fat-Money day traders...

10) More of those damn "blind" buy and hold Joe E-traders...

11) More of those damn sci-fi prophets (buying into the future) at the "bottom"

12) More of that damn short covering...

13) More of those damn 30 to 50 point price increases..

I believe these stocks will continue to be volatile, however, I don't think they will EVER truly "burst"...the internet IS the new frontier...and everyone wants to stake a claim...I say prices continue to rise...stocks announce splits...more affordable...prices rise even more...

I will go on record as claiming that YHOO will break 300 in association with its earnings (and alleged) split run...

Happy Holidays to everyone!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext