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


To: PAL who wrote (8550)3/18/1998 5:46:00 PM
From: craig crawford  Read Replies (1) | Respond to of 27307
 
<< First based on supply and demnad, are you abuyer st this level? >>

Why not? Keeps going higher. I'll admit I'm not long YHOO this minute because I have other fish I'm frying. But soon as I get some free cash I will probably buy some. I'll post to the thread when I go long/short.

<< Have you heard of tulip mania in Holland? >>

Sure.

<< The price was based on supply and demand and not conventional method >>

Yes.

<< If somebody wants to buy Yahoo based on that philosophy, just make sure that you are not the last fool owing it >>

How hard is it to hit the sell button if it looks to head downward?

<< Throwing away sound methods of evaluation of a stock and dismisiing the fundamentals will only shortchange oneself. >>

Tell that to the people who bought YHOO for the last 40 points while being told it was "overvalued". Ask the shorts what this overvalued stock has done for them.

The best time to short this stock is when it's up 5 points a day for a week straight and YHOO is mentioned 20 times on CNBC. Watch the sentiment indicators, not the fundamental ratios.