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


To: Raiders who wrote (12306)7/8/1998 10:56:00 PM
From: jawd  Read Replies (1) | Respond to of 27307
 
You said: please stop this unrealistic comments about what Yahoo

Why do you want to curtail my right to express my honestly held opinion?



To: Raiders who wrote (12306)7/9/1998 3:13:00 AM
From: craig crawford  Respond to of 27307
 
>> I keep hearing fidelity owns 11% of Yahoo and that adds a lot of crediblity. BS. Fidelity owned Ton loads of Semi's in 1995 and everybody said Micron will hit $200. Guess what? Semi's tanked in late 1995 and what happened to Micron. they got out faster than you and I even could think. <<

Agreed. If companies like Fidelity and Softbank didn't own 40% of YHOO there would be plenty of money on the sidelines to push it up even more. The more institutional sponsorship YHOO receives, the faster the money will exit when something goes wrong. Mutual funds are like herds and if something goes wrong they will all stampede for the exits.

Of course there is the chance that YHOO executes brillantly and it grows into it's market cap. If that's the case I think it should at least have to mark time for a year or two. YHOO might not be the best short out there, but I have a hard time seeing people that jump into YHOO at 200 making another 750% so easily. I think they should consider themselves lucky if they double their money in the next year.