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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: KatayamaGorobei who wrote (24236)10/8/1999 4:33:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 27307
 
I respect your opinion and your decision to buy YHOO. People should also respect others who do not agree. If the rapidly increasing revenue and earning are true, then YHOO should have a much bigger groth rate of 15-20% for the last couple of quarters. The annual rate is projected to be about 50%, which is not exactly the kind of number for a "hyper growth" stock. Some people are still dreaming of the 30 to 90 points moon-shoot per day. I say this is the thing of past. Last year, many people get tricked into shorting and then covering, which drove the stock like a moon shot. Some analysts were playing dirty games. People are smarter now, and will not be easily tricked into shorting this turkey even though it deserves to go down at least 50%. The best approach to these fad stocks is to stay away and watch the game as a sport. Many people enjoy football, but do not necessarily want to play in it. The same should be true with these crazy interNUTS.