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

To: judge who wrote (10399)	4/20/1998 10:25:00 PM
From: Andrew Fenic	Read Replies (3) \| Respond to of 27307

Yahoo investing is not speculation at this point. It is foolishness of the highest order; the stock has become a pyramid scam that will feed folks at the bottom who bought in at $20 and crush every fool at the top who chose to jump in at $120. Yahoo has huge losses and pissant revenue yet it trades at a market capitalization in the billions. Would you pay 4 billion for a company that will probably lose 40 million in 1998 on under 200 million in revenue? That's like paying $10,000 to a bank who gives you $500 back in cash and then sends you a bill for $150, each and every year, as a service charge. All I can say is that if you're in at $120+ get ready to bail out QUICK on any sign of trouble. There will come a day very soon when the bubble bursts; someone who put in those billions is looking to milk 20-25% out of small investors. Presently it looks like they will get their wish.