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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Keith J who wrote (5298)12/30/1997 3:16:00 PM
From: Rational  Read Replies (1) | Respond to of 27307
 
A famous economist, Keynes, says that the stock price is the result of a beauty contest! At this moment, Yahoo! looks beautiful because of:

* no Asian contagion,

* its free and useful service,

* no earnings disappointment so far,

* hyper growth, such as 1 - 10 is 1000% increase,

* its focus in mostly the developed world where everything looks rosy and nice like low interest rate, high consumer demand, etc., and

* its ever rising price showing that the important players must know something that the little investors do not know!

What else one needs to buy a stock? Buy, while the quantities last! There will be a January effect too! I do not know what to say of the Analysts. A Goldman Sachs Analyst was suggesting on CNN to stay away from Dell because it was simply a box maker, with no cost of entry into the business, high competition, etc. I wish he commented on Yahoo too!!

Sankar