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


To: LoLoLoLita who wrote (7738)3/2/1998 11:57:00 AM
From: TheBigB  Read Replies (1) | Respond to of 27307
 
David : Again : This stock is not about fundamentals.
I have a large short position on which I may take a large loss because this stock does not behave according to any fundamental analysis.
The stock has been run up by rosy eyed analysts and momentum players.
The few believers on YHOO's valuation like Sal Habash and William Harmond are looking 5 years out and this may indeed be a good company to buy if you have a five year horizon - but then it may not.
Finding value 5 years out in a high profile company is difficult,if not impossible (yes there are exceptions like INTC & MSFT).
In any case, be warned, I have made a bunch of money shorting YHOO on various occasions but I am on the verge of giving it all away and then a little more since I don't think that the lost sleep and grey hair that comes with shorting this stock is worth it.

As Sal Habash says, go back 6 months, 1 year, 1 1/2 years and 2 years and read the postings of long slaughtered short players just like you before you jump the gun. There are easier ways to make money :-)