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


To: Michael Collings who wrote (10406)4/21/1998 1:42:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
Whew, I hear ya. BTW, cementhead is one word. :)

Can anyone explain to me the parallel between the Yahoo and the Mississippi Company? Why not Bre-X? ...or Equity Funding? You bears are pulling your punches.

I kinda like the parallel between Yahoo and America Online myself.



To: Michael Collings who wrote (10406)4/21/1998 1:08:00 PM
From: Andrew Fenic  Read Replies (1) | Respond to of 27307
 
Yahoo most recently posted small profits. Historically, however, they have posted large losses. And, historically, Yahoo has been a money losing enterprise.

Do you deny that? Even if we speculate that Yahoo will post consistent profitability from here on out they still do not come close to justifying their present market capitalization.

Hence, a short position is obvious based on all the fundamentals. I also don't put much meaning in short term swings but I am happy with my $128 short position. I anticipate I'll make 50% on it in short order. You guys are pipe dreaming if you think we'll see $150. Yahoo can go no higher :)