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: Smart Investor who wrote (16401)	12/28/1998 12:29:00 PM
From: Randy Ellingson	Read Replies (2) of 27307

However, I do think the correction for internet stocks is just around the corner, may be a few days or a few weeks. Smart- So what is a 'correction' in this case? Does down 100 points over four or five sessions qualify? If so, where does that leave Yahoo's past and future stock performance? And where does that leave the investor who buys today? Down about 35% -- hardly a buy and hold's nightmare, unless of course YHOO stock price stood still for years to come, and that would almost surely require some remarkable stagnancy of Internet growth, or Yahoo changing it's strategy to stop leading the growth of e-commerce and general online activity. You said that you have been unable to participate in owning these Internet stocks due to their valuations not fitting with your stock selection process. Fair enough, but you seem to still apply the opposite reasoning to these stocks and short them at times. Is it fair to say that you are not a long-term short on the Internet sector? I.e., that you see the potential for some of these leading Internet companies to ultimately (say, distant future) justify today's (or maybe better, tomorrow's) valuations? Randy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next