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.

Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Rational who wrote (9041)	11/22/1997 10:45:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Sankar, I would not buy YHOO, but you got to have guts to sell it short if you count on a bank to sell its shares, the banks would first sell shares in which it has losses, and I believe the bank has excellent gains on this stock and these gains are counted on the book as solid assets (marked to market, but still solid). If you take into account that YHOO has only "domestic" competitors (they are in essence an avdvertising agency) and that their income is on an extremely rapid growth curve, the ridiculous PE of today and the ridiculous price to book, may not make much of a difference one they earn $2 bucks/shares in about 24 months. Their revenues are going to increase very rapidly because the number of users is increasing extremely rapidly, that is not going to change because of the events in Asia. If you want to short something, short a stock in which expectations have been overbuilt and there is a good chance of a negative surprise. You will find such stocks in companies having business which might be either directly affected by the rim's event or indirectly through competitive pressures of the rim's new lower labor costs. Zeev