Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Harmond who wrote (11064)	6/11/1998 9:15:00 PM
From: Mark Myword	Read Replies (2) \| Respond to of 27307

>> After hanging on the Amazon thread for the past couple days, I noticed that many of the names are the same that were here shorting Yahoo this spring.<< Lonely are the brave..... Seriously , though , it should occur to those who take the time to think about it , that the very nature of the Web is really not that conducive to profit , as any new idea that is working can be so easily duplicated. The medium is transparent , has very low barriers to entry , relatively speaking , and is user-controlled. There won't be any monopolies, no AT&T, no MSFT locking in a technology that everybody must use , as the medium keeps morphing , reinventing itself , etc. Open your eyes! The only slim profits realized so far are the "portal" sites that sell to the aspiring E-tailers. Before too long , everybody will realize that the net is a consumer tool, what with shop-bots & all , not a business-profit tool. Then the dreams of gigantic profits will be gone. The companies paying the big bucks to put the banner ads on won't be able to pay the fees any more , and the whole netbubble will burst. Anybody with $100 and an html book can have a website ; any business with 20 to 30K to spend can have a slick , navigable , credit-card accepting site that does business 24 hrs a day. That's an extremely affordable entry price , and already there is a deluge of competition. Margins will be almost nil , and delivery infrastructure is presently very inadequate to handle the anticipated volumes of E-commerce. There may be a few exceptions , but I doubt if there will be many.

To: Bill Harmond who wrote (11064)	6/11/1998 10:47:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 27307

After hanging on the Amazon thread for the past couple days, I noticed that many of the names are the same that were here shorting Yahoo this spring. Bill, have you read that thread today, especially after the close? Lots of new posters spouting predictions of "10-20 more points straight up" and "100+ before the summer's out". Also, as I said before, at least half the shorts there have bailed or boxed. BTW, isn't it about time for you to exit again? In case you missed it, the market's falling apart. We are back to last weeks low and looking to take it out. PPI out tomorrow. Nikkei below 15,000. Bonds and utilities are the only things going up (excluding, of course, spikes upward in the most speculative stocks around - itself a bad sign). Regards, Bob