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: Bill Harmond who wrote (4603)	12/17/1997 1:20:00 AM
From: Mama Bear	Read Replies (1) \| Respond to of 27307

I promise that the visitor's to this board are not responsible for a significant percentage of the short interest. The Motley Fool is representative of the stock mania that has engulfed the country, and there are a lot of people that think it's unAmerican and ought to be illegal to sell short. >>>this thread is littered with people who attribute Yahoo's rise on everything else but the fact that Yahoo is on a tremendous (even historic) build-out.<<< Personally I think what you say above is speculative. Nothing wrong with speculation, but at what price would you say Yahoo! overvalued? I think the growth you mention is discounted well past 2002 at the current price. There are many companies that had futures as bright as Yahoo!'s, which crashed and burned. There needs to be something built into the price to acknowledge that before you can say that the above is a great buy. Will Iomega in 2002 have returned in excess of the market averages with a purchase price of 40+ in May 1996? I think it will have. Was it more reasonably priced between 15 and 20 then? You betcha. My belief is that Yahoo! is fairly valued for it's potential at ~20-25. I believe the market will adjust for this inefficiency. Only time will tell which of us is right. Barb!

To: Bill Harmond who wrote (4603)	12/17/1997 1:26:00 AM
From: StaggerLee	Read Replies (1) \| Respond to of 27307

This company sells banner ads on a few popular web pages, and it has a market value of $3 billion. You don't need any more research than that to short YHOO. As I've said on other threads, if YHOO has failed to make money with 20% of the most educated, affluent Americans already on-line, it's unlikely they (or any other internet company) will ever make money. And certainly never enough to justify a $3 billion cap. I can only hope that I have enough courage to short this one all the way down to $5, and then never work again. An opportunity like this comes along once in a lifetime. I missed my chance to short CB radios in the '70's. This will be almost as good.