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Technology Stocks : Yahoo! going South? -- Ignore unavailable to you. Want to Upgrade?

To: Stanisav Richter who wrote (21)	7/9/1998 11:43:00 AM
From: Frank	Read Replies (1) \| Respond to of 35

Stanisav, I've been watching Yahoo for a couple of days and still can't believe it. Its funny how many people forget about the book, "Extraodinary Popular Delusions and the Madness of Crowds," by Charles Mackay. Yahoo is a classic bubble. The problem is that nobody has a crystal ball and nobody knows when the bubble will burst. The thing that I find facinating is that some so called analsysts are actually reiterating, "Strong Buys." Factors they seem to be ignoring is that while it has an incredible market cap, its current assets in March were: $160,405,000 This is the kind of money a Fortune 500 company might use to implement SAP. Any way you slice it, fundamentally, technically, rationally, this stock is a bubble waiting to burst. Its going to be one hellava sight.