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


To: Rob S. who wrote (12630)7/10/1998 11:23:00 PM
From: ricecr  Read Replies (4) | Respond to of 27307
 
I see that some people are interested in shorting, but I really don't think that's the best investment choice that you can make. Look, Yahoo! has become the leader on the internet. Period. Ask your friends who use the internet, and I'll bet 9 people out of 10 will say that they use yahoo! to navigate the internet.

People are talking of shorting, but you must remember something. The stock market has never seen technology stocks like it has in the last decade, and that the leaders in the industry really haven't quit turning out profits to investors. I mean how many people do you know that made millions off of shorting Microsoft, Cisco, Dell, or Intel? When Microsoft was first emerging some people thought, "how much can really be made in software?" Today shorters of yahoo are asking a similar question, "how much can really be made off the internet?" These are the leaders in the different sectors of the computer industry. Yahoo! is the leader in the internet sector of the computer industry.

Shorters also talk of all of these losses to come, but honestly, look at the leaders of the internet industry. Yahoo, Lycos, Excite, and Amazon really haven't had any bad falls. We have only seen continued growth.

Then you have people complaining about the 20 quadrillion market-cap that will be reached in 3 years, so therefore we must short it. I really don't expect yahoo! to rise as quickly as it has for the next 3 consecutive years, but I'm pretty sure that it will rise consistently after it settles from these price swings.

Look at 5-year chart of DELL and overlap Yahoo with it. That is how far this stock can potentially go. Dell is a leader, and so too will be Yahoo!