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: MR. PANAMA (I am a PLAYER) who wrote (12367)	7/9/1998 6:38:00 AM
From: Mel Kullar	Read Replies (3) \| Respond to of 27307

Hello all, I must say, this stock will close down today. There are many factors: 1). The stock split was already factored into the price, I knew about this about a week ago and so did many others 2) this leaves alone the earnings, I don't think that .15 earnings can substantiate a market cap of 9 billion dollars, and a $200 stock. As for the future of the internet, how if something better comes along, who knows? Personally I don't even look at those banners, I have had bad situations making transactions over the internet. This issue will be uncovered in the future and will set fear in many surfers. With the hackers getting more and more sophisticated they can get through even secure transactions and steal your credit card number. This will cause fearful surfers and IMHO the number of new people entering the realm of the internet will decrease because the number of people who were keen on getting online have done so with decreasing prices in computers and cheap service providers. Don't expect a whole new wave of surfers to come online and spend their bucks buying stuff from yahoo advertisers. It is not at all plausible. This stock will tumble tomorrow, it may open well but what warrants it me to buy it at say $210? Why shouldn't I just wait for the craze to cool down and buy near next quarter? The analysts who have been on CNBC have all said that this stock is way ahead of itself, the only guy bullish on this stock is that moron from CIBC Oppenheimer. Somewhere on the thread he lists 10 reasons to buy, about 5 of them being the same thing. If you do buy tomorrow, don't expect to see green, unless you become sick from seeing the price at the close, I hope some of you see what I am trying to say, Apache, you will make your money back, patience my friend :) Kevin