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


To: eDollar.com who wrote (24785)12/10/1999 9:50:00 PM
From: Director  Read Replies (2) | Respond to of 27307
 
>>People thought the same thing every time YHOO hit 350 (before splits of cource). What is different this time.<<

What is different? A P/E ratio over 1500 and a market cap of over 93 billion dollars... 93 BILLION! This is a gross example of an overbought stock that has literally turned into a pyramid scheme... with the last to own paying for all of the profits that everyone before them made. This is no longer a stock to own, it is a hot potato that is guaranteed to hurt many investors down the road. I don't expect any of you that profit from YHOO to feel guilty about it... but you should certainly be aware of the fact that if you own shares (bought at this level) and are not careful, you may be one of the many investors that are hurt by YHOO.