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: HG who wrote (16829)	1/2/1999 6:25:00 PM
From: Dave Mansfield	Read Replies (3) of 27307

##<<the tulipmania, biotechmania in late 80s, casinomania, restaurantmania, IOMmania, ZITLmania essentially bears the same thinking>>> Internet cannot be compared to these "manias", None of the industries improved human lives.## Oh? Biotech companies have not improved human lives? I believe some of the drugs developed by some of those overvalued biotech companies have not only improved human lives, but have actually saved a few. And internet companies have improved our lives by gluing us in front of monitors? Even if the internet improves our lives, it doesn't necessarily make the individual companies in the internet industry incredibly profitable. Oh, but profits don't matter. As long as these companies make our lives better they will succeed even if they make no money. I still miss the logic. I could stand out on the corner handing out $100 bills to everybody who walks by making all their lives a bit better, but it will not make me successful. I and Yahoo still need to earn a profit to be successful.

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