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


To: Andrew Fenic who wrote (10403)4/20/1998 11:03:00 PM
From: Zebra 365  Read Replies (2) | 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.>>

Andrew,

With such good sense you might have shorted the Mississippi Company of John Law in 1719, when this paper company was worth the astounding sum of one-fourth all the gold and silver in France. This would have been sheer folly as it thereafter rapidly rose %800 to be worth twice all the gold and silver in France. The market does not award prizes for having the best calculator. Don't buy falling knives or short shooting arrows. This arrow could skewer every fool who shorts it at $125.

Charles Mackay, LL.D. 1841
Extraordinary Popular Delusions and the Madness of Crowds

Zebra



To: Andrew Fenic who wrote (10403)4/20/1998 11:05:00 PM
From: the Druid  Respond to of 27307
 
Yhoo losing money? That is news to me.
It has been producing a small profit
for the last few quarters.



To: Andrew Fenic who wrote (10403)4/20/1998 11:05:00 PM
From: Michael Collings  Read Replies (2) | Respond to of 27307
 
You know William after reading the Fenic post, your term cement head is too kind!

Andrew you need to get your facts straight before you make a stupid mistake and before you post here.