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


To: MileHigh who wrote (12318)7/8/1998 11:38:00 PM
From: hankiba  Read Replies (3) | Respond to of 27307
 
I disagree with you that this stock can't be scary both ways. Just look at the swings this thing takes. The stock is scary all the way around.

This stock reminds of the all the casino boat stocks. The first couple that came public skyrocketed and everyone said these stocks are going to be huge and are only going to get stronger. Well they forgot about something, COMPETITION. Other boats came in, margins fell, revenues fell, and the stocks got destroyed.

No one on this thread mentions competition. YHOO has plenty of it, and they don't have the backing of a media super power like Disney. With all this competition and no barriers to entry YHOO will not sustain the 300% revenue growth, or whatever the number is. A lot of good people are going to be hurt if they buy YHOO at these levels. If I had any courage I'd short the crap out of this thing, but unfortunately I don't have the courage let alone the resources.

Regards and curious for your feedback.
Thanks,
Hank