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: Zebra 365 who wrote (7717)	3/1/1998 4:03:00 PM
From: TheBigB	Read Replies (2) \| Respond to of 27307

Zebra : This stock is not about fundamentals. Even if it has 5 times as much revenue (= $500 Million) and makes a handsome 20% margin, their P/E at today's price, it would have a P/E of 30. This is the ultimate momentum stock. Just compare it with AOL. AOL has regular cashflow with revenues of $2 Billion a year. It has 60% of the users of the internet. It's ad sales last quarter equaled YHOO's ad sales for last year. It gets the web and is going to focus increasingly on the web and it's earnings for last year were half of YHOO's sales. And yet YHOO is already valued at 25% of AOL. YHOO faces competition from a host of people including AOL, MSFT and others. None of this matters to the stock. I for one am contemplating throwing in the towel and taking a big loss since this stock has no logic to it's valuation. It should take less than 50 Million $ for a company like AOL or MSFT to establish themselves as a portal site the way YHOO has and most of that money will be spent of ADs in conventional media. As Sal Habash says, none of the arguments that I have provided are any where near original. Go back to the begining of the thread and there are shorts who said this at 35 and then at 45 and at 55 and at 65 and now at 75. Is this the top ? Who knows ? It may go to 100 before suffering a decline. I strongly suggest getting out of the way of this freight train instead of getting grey hair worrying about it like me.