Yahoo and other bubbles...when will they burst? Message Board

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Strategies & Market Trends : Yahoo and other bubbles...when will they burst?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: Glenn D. Rudolph who wrote (27)	2/1/1999 9:19:00 PM
From: Howard Hoffman	Read Replies (1) of 139

The real key in all of these deals is that at these levels, no one is paying cash for e mergers. It is all inflated stock going to pay for inflated stock. That way, no one is really taking a big risk. Now, if Media Giant of America (don't try to find the symbol) buys YHOO for cash, or for Media Giant Stock with a PE=50 or something like that, then that would be extremely bullish for the sector. In the meantime, I think that these mergers are interesting and may change these companies long-term biz plans, etc., but it neither validates nor invalidates the bubble pricing.

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