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: StaggerLee who wrote (4715)	12/18/1997 4:57:00 PM
From: fut_trade	Respond to of 27307

I take it you're not a satisfied user of Yahoo! Think what you want, but Yahoo! brings products to market quickly, with low cost and expenses. And YHOO has already made money! Peter

To: StaggerLee who wrote (4715)	12/18/1997 5:07:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

>>Yahoo! will never earn $.50 a share. Ever, I promise...Yahoo doesn't even have a product. That's nonsense. You're getting carried away.

To: StaggerLee who wrote (4715)	12/18/1997 6:07:00 PM
From: chmaj	Read Replies (2) \| Respond to of 27307

Well you got quite a bashing from all fans of yhoo on this thread. Notice how hostile they are. They must be long and are panickingly scared you may be right. I think you are totally right. Yhoo is the biggest joke I have seen in quite some time. 3 billions valuation for essentially nothing. The same applies to amzn, etc. BTW, just watch how those yhoo fans will react to my opinion. They will call me insane, etc.

To: StaggerLee who wrote (4715)	12/18/1997 7:42:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 27307

I'm short - but I must disagree with this statement. My reasonig for first shorting yahoo was that I believed the share price discounted beyond the best-case scenario for future earnings growth and market conditions. I still believe that. But I will never again open a new short position based on this reasoning alone. It is too early to make blanket pronouncements like "Yahoo will never earn $.50 a share.". Yahoo may evolve into something not anticipated by longs or shorts and discover new profitable markets....or lose a ton of money. I'm beginning to think that the real reason behid the excitement in internet companies is not really the "land grab" scenario, but the perception that we are undergoing through profound economic changes, i.e. in the way goods are bought, sold and advertised. There is no doubt that these changes are having a dramatic impact now - and who knows where things may end up a decade or two hence. I wonder if perhaps were not really seeing the big picture because subjectively we are adapting to these technologies very quickly and easily. You would have never imagined that a few nerds making a little BASIC interpreter on punched paper tape would a short 20 years later control a software empire that rivals General Electric and Coca-Cola in market capitalization.