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: scott harrison who wrote (3739)12/6/1997 1:04:00 AM
From: Bill Wexler  Read Replies (1) | Respond to of 27307
 
I agree. This reminds me of Zitel when it was trading near 70. Scary because everyone assumed it would never stop going up, yet a no-brainer short in retrospect.



To: scott harrison who wrote (3739)12/6/1997 8:13:00 AM
From: Fridrik Skulason  Read Replies (1) | Respond to of 27307
 
> How fortunate for the person who stumbles upon this thread and goes short above 55.

Hm...well, I just stumbled upon this thread. However, I am most certainly *NOT* going to short YHOO....I agree that the current valuation borders on the insane, and a crash is inevitable. As for what might trigger that crash, a story on "over-hyped Internet stocks" in IBD or the WSJ might trigger it, and once it starts crashing it will go down...down...down..

However - although I am pretty convinced that that stock will eventually come crashing down, I will not attempt to predict *when* that will happen, and as far as I see it, a price increase if 20% from
the current level is just as likely as a crash in the near term.