Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Ram Seetharaman who wrote (25781)	9/8/2000 9:06:58 AM
From: larry	Read Replies (1) \| Respond to of 27307

I have no doubt that YHOO! will handily beat the first call in the next two quarters by selling more stocks (ala more investment gains in the quarterly report). Actually YHOO! routinely draws 20-35% of its net earnings from these investment gains. Wall Street tolerated this issue because of impressive top line growth. However, when the top line growth is in serious question, the issue will have to get punished in the long haul. A dip to the low 80s within the next 6 weeks are inevitable. As to where YHOO! will go from there on, it's everyone's guess. However, I do believe that during the decline, YHOO! bulls will make fierce rallies and scare the shorts. But the trend is down. They have already shot down MSFT, DELL, and last year's darling QCOM and the whole telecom sector, the net sector. The next victims seem to be CSCO and the red hot fiber optics-networking sector. The Street needs to find new momentum play to keep the bull market going. With valuations stretched to extremes, it's getting harder and harder for them to do so. larry!