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

To: hash who wrote (15312)	11/20/1998 1:57:00 AM
From: HG	Respond to of 27307

Smart Investor, I'm quoting Sweetpete from YHOO BB here. For details, pl refer to the discussions. This message is #37276 on YHOO bb the OriginalMadDog writes... >>But the $64 billion dollar question is: "When (and how) will >>it end?" Or maybe you think the answer is: "It won't." SweetPete replies... Does it matter? Does it really matter? Do we observe from the sidelines? Do we wait until fundamentals catch up and then have the justification to buy the stock? Do we wait for the stock to drop to catch up with the fundamentals? You say wait. I say buy, keep buying and may the YHOO gods protect us from a fall. I, unlike many, love to compare YHOO the stock to that of AOL's stock. AOL has ALWAYS been out of whack with fundamentals. If someone had been observing AOL since it went public waiting for either fundamentals to catch up with the stock(which has not happened) OR for the stock to drop to be in sync with its fundamentals, that person would today still be waiting. And what is the opportunity cost of that person waiting? Am not even going to calculate AOL's appreciation. Companies are studied together in their various industries, that is why analysts compare/contrast amongst them. It is the industry fundamentals that count. Not the historical fundamentals of stocks in general or stocks in unrelated industries. As time goes by, the stocks will be subdivided into their various sectors for further comparison. History will established to compare fundamentals. In the meantime I would rather be part of the making of history rather than learn from it. I missed AOL's runup and am surely not gonna miss YHOO's.