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

To: stock_bull69 who wrote (15343)	11/20/1998 1:13:00 PM
From: Smart Investor	Read Replies (2) \| Respond to of 27307

Please read the following before you buy your next YHOO share. redherring.com

To: stock_bull69 who wrote (15343)	11/20/1998 3:16:00 PM
From: HG	Respond to of 27307

49erSteve, patience. People have different personalities and different levels of tolerances for risk. People also have varying choices in investment. Diversity adds spice...if everyone was long on YHOO - how could we survive. Sometime bears and their emotions are necessary to help us longs/bulls in analyzing our risks which we would otherwise ignore. For all you doubters, here is a very compelling post by SweetPete from YHOO BB board (#37276). I think I posted it earlier, but hey, here we go again. BTW MadDog is very skeptical and gives the rational arguements of valuation. He's waiting to enter at $110 ! MadDog :But the $64 billion dollar question is: "When (and how) will it end?" Or maybe you think the answer is: "It won't." SweetPete : 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.