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Technology Stocks : How high will Microsoft fly?
MSFT 473.99+0.4%Nov 24 3:59 PM EST

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To: taxman who wrote (16832)2/24/1999 11:06:00 AM
From: Smart Investor  Read Replies (3) of 74651
 
I think you are insane to buy YHOO at the current price. Do you know that the insiders are unloading their shares at your expense? I said before that internet shops will be a dime a dozen in a couple of years, and it is happening now. Selling ads will not make YHOO worth 30-40 BILLIONS! MSFT is growing as fast as YHOO and is more dominant in its business, but its P/E is only 1/20 of YHOO. If you look at P/S, YHOO is even more ridiculously overvalued.

Anyway, maybe we should not talk about YHOO here. After all, buying YHOO is not really investment, it is more like gambling in a internut casino.
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