SI
SI
discoversearch

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: Original Mad Dog who wrote (15365)11/20/1998 9:33:00 PM
From: HG  Read Replies (1) | Respond to of 27307
 
MadDog, I slept over your comments and the did some research work. Most of it makes sense. I did acknowledge in my post that my thinking had been changed after a discussion on YHOO board - so there. However, I still feel a bit nervous about losing investors (small as well as institutional). Market capitalisation DOES make a difference....in many ways than one. BUT, having said that, I can see your point of view - the point is - how long will Joe Blogg and his son-in-law Joe Blow wait ? :) BTW did I tell you about their cousin John Blogg - he works for YHOO and would like to maximize his earnings too. So he would like the stock to appreciate as well...<<<ggg>>>

The Bloggs sure are growing - God bless the family.

We do agree on this one and I concede to your point.



To: Original Mad Dog who wrote (15365)11/20/1998 10:00:00 PM
From: HG  Read Replies (2) | Respond to of 27307
 
MadDog, I forgot to mention - I just moved from Australia where they used to rip me off big time. I paid 50 c for every $1 I earned, salary or capital gains or whatever - no exemptions, no deductions, nothing at all - so 31% is a RELIEF. You guys are lucky lucky lucky.

Another great part - I dont have to pay tax on anything this year...! I'm going to exercise ALL my options, sell my stocks and buy everything back on or before Dec 31 AT THE MAXIMUM price possible.

Long live America. Long live the free markets.



To: Original Mad Dog who wrote (15365)11/20/1998 10:41:00 PM
From: Webfoot  Read Replies (1) | Respond to of 27307
 
Good Points Mad Dog. Yahoo however should be thinking how long they've got this artifically high stock currency to acquire some REAL businesses with real assets.

Smith Barney Salomon's analysis of this recent runup shows the bulk of trades under 1000 shares, so they see it as genuine feeding frenzy of individuals who are not looking before they leap. Such feeding frenzy's are a classic market top signal.

Maybe that's why Yahoo CFO Gary V. recently sold off 24,000 shares.

Just possibly could be that Yahoo would announce a split in an attempt to keep the frenzy going long enough to close some acquisition deals. I don't know!

Couldn't help but add 2 cents to your Amazon reference:
Amazon certainly could be profitable if they'd pull back on their discretionary marketing budget -- around $24 mil last quarter. Bezos has done a good job setting expectations so he can invest in the business.

Stockholders are not punishing the stock (!) for this strategy...why on earth would Bezos WANT to be profitable right now? Then he just has to KEEP being profitable, with growth. No, he's done a brilliant job at keeping Wall Street's focus on his TOP line, which is growing much faster than Yahoos (he has a direct business model and his databases are chock full of real people, not cute alias names).