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Technology Stocks : Internet Guru Discussion

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To: steve harmon - analyst who wrote (812)3/31/1999 8:27:00 PM
From: SouthFloridaGuy  Read Replies (1) of 4337
 
Steve, what is your opinion of the prices that YHOO is paying for their acquisitions?

With such a commanding presence through their portal site, why could they not leverage the eyeballs they have by growing their own broadcast site and community sites?

Seems to me that AOL and AMZN buy private companies for pennies to the dollar and grow them organically, in-house, like ICQ or drugstore.com...or they make "bargain" purchases, like NSCP

If this were any other industry, YHOO would be crushed for stupidity and an inability to do things by anything other than acquisitions, IMHO.

I don't doubt the need to be in the businesses they are attempting to be in, but to constantly acquire and dilute?

Thanks.
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