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

To: Brock Landers who wrote (12900)	7/18/1998 1:42:00 PM
From: Da Zipstah	Respond to of 27307

>> Is Yahoo! a victim of investors just saying, it's the biggest, put my money here, I don't care what they do.<< In part, yes. It's symptomatic of the market as a whole with the new nifty-fifty stocks trading at far higher PE multiples than historic norms while small caps languish. I dunno, I was in Japan during the days of the bubble economy, and I remember people wildly buying Japanese real estate companies with the reasoning that land prices always go up, and that if the price wasn't cheap today, it would be tomorrow. As far as YHOO, who knows? I do know that Apple used to be a giant in the PC market, and Netscape was dominant in browsers. I currently use YHOO quotes for my portfolio, and I am singlehandedly responsible for about a million (sic) hits a day. However, when something better comes along, I'll most likely move on, taking my million hits a day with me. I am speculating short against YHOO's current valuation, my investment dollars are going elsewhere. Aloha and happy trading, Da Zipstah