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


To: FDHIII who wrote (9777)4/11/1998 2:58:00 AM
From: Bill Harmond  Read Replies (2) | Respond to of 27307
 
Franz, I'd buy a little Monday (just enough to lose the itch) and scale in over time.



To: FDHIII who wrote (9777)4/11/1998 1:10:00 PM
From: Oska  Read Replies (1) | Respond to of 27307
 
Like some people on this board, I have difficulty supporting YHOO's current market capitalization. In trying to decide when to buy and sell, I found Bill Fleckenstein's reason for not shorting Internet stocks, as noted in TheStreet, of some value. He agrees that the valuations are high, but however there is no reason for people to dump them. He says: "If you can sell at one stupid price, you can sell at any stupid price." He's right. At the current multiples, what stops YHOO from trading at $125, $150, or how about $175? As someone implied on this board, what stops a person from buying a $1000 tulip if that person expects to eventually get $1,100 for it? With momentum carrying it higher, what can kink YHOO's armor and force the price down or keep it stable enough to let the PE catch up somewhat? What technology/firms lurk in the background, ready to nibble at its lead?

All my best,

Osman.



To: FDHIII who wrote (9777)4/11/1998 3:15:00 PM
From: OObserver  Read Replies (2) | Respond to of 27307
 
Buy Infoseek (SEEK). It is extremely undervalued and has nowhere to go but UP. It has new deals signed, lots of cash ($40 million) in the bank, a deal with Disney, Ex-Time Warner executives running the show and LOTS more to come. And their earnings come out April 17th and they WILL beat estimates. Just like they did last quarter.

And to all you naysayers, don't forget that Yahoo! was at $14 a share in January 1997 and now it is at $114. SEEK was $10 in January 1998 and is now at $22 per share. It will easily see $45+ by year end. That's 400% for the year and another 100% from this point.

Yahoo will not offer the same kind of returns. That is a fact.

And speaking of returns, SEEK offers the best returns on your investment. And that is THE measurement that investors use to gauge how successful they are isn't it?!!

Use some of those Yahoo profits and buy SEEK. While Yahoo has done very well, SEEK will do MUCH better. Check out the company yourself and do you own due diligence and you will see that I speak the truth. Good luck.

GO SEEK, GO!!

OO