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: abraves who wrote (17356)1/11/1999 6:36:00 PM
From: Dave Mansfield  Read Replies (1) of 27307
 
>>Dave, when the end finally does come (whenever that may be), where do you think all the money is going to go?<<

Well abraves, some of it will just disappear, just as much of it has just appeared. When a stock price plummets a good deal of the market cap just vanishes, it really doesn't need to go anywhere. Remember, Yahoo hasn't really created any wealth. They have no significant earnings to speak of. This has all been speculative fervor. As far as where I think the money will go after a crash, I'm sure there will be some other speculative issue some of these people will run to with whatever they have left. Remember the mentality of many (not all) of the longs is almost that of a Las Vegas gambler. It hasn't happened so much on this board but if you've visited the Yahoo board on the Yahoo portal, you will have seen all matter of speculative stocks hawked there. Why do you think that happens? It's because of the mentality that many of the Yahoo investors (again, more on that board than this one)posess. Those hawkers know that.

My two cents worth.

Dave (now on the sidelines)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext