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) -- Ignore unavailable to you. Want to Upgrade?


To: CookiePuss who wrote (23567)8/6/1999 7:50:00 PM
From: Danny  Read Replies (1) | Respond to of 27307
 
Here is what I want to say to this thread on YHOO:

1:) Clearly and without any doubt, YHOO and the rest
of the internet stocks are in a bear trend now. This
may or may not have anything to do with fundamentals.
But the fact remains. And there is no clear sign at this
moment that the bear trend will end soon. In the
short term, it is difficult for YHOO to master out
any significant upside breakout, and further downside
should be calculated into your risk management.

2:) However, for a great company like YHOO, as history
has shown time from time, this downside movement will
eventually provide a GREAT opportunity for anyone who
believes in the future of the internet. Yes, maybe today
is not a good day to buy YHOO, maybe next Monday is not
a good day to buy YHOO, but I for one believe that even
if you start to buy YHOO today, and continue to buy it
whenever it drops another 30 point, 5 years from now,
the wealth generated from your investment will be beyond
your imagination.

I am not here suggesting you jump in and buy YHOO here,
all I am saying is that if you buy it here, or sometime
in the future, don't forget that you own a great company
at a great price and don't sell it cheap.