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

To: Original Mad Dog who wrote (15788)	12/2/1998 4:27:00 PM
From: HG	Read Replies (1) \| Respond to of 27307

MadDog....The P was for Perciever, not Principles....but point taken. Suggestion for one share was to make a believer out of you. Hmmm....interesting and indepth analysis on India. Can't say I disagree with it, just a few points of contention...which stem from the fact that we're here in the world's most affluent country, trying to understand the behavioural pattern of people we have nothing in common with. Having lived most of my adult life in >8 cities in 4 countries, in 3 continents has created perspectives I would've normally never developed. Points of clarification - When I said middle class, I meant all of the middle class - upper, average and lower. Also, I would rather not be drawn into an arguement concerning merits and demerits of regulation of foreign investments - its not important in the context. The need for better infrastructure and stability is relative - people learn to live with what they have. You find people living quite comfortably in Bosnia. The media provides distorted extremes of the situation. So I wouldn't be bothered about the telephone lines etc. You see, the educated masses live in the 5 or 6 major metropolitan cities, where disposable incomes are quite substantial. And thats where a service like YHOO will start with and prosper. I do not understand why regulated advertising would affect the popularity of a service like YHOO, after all India has a thriving advertising industry. Lack of enforcement of copyright laws could be an issue. On the other hand, media investment represents a challenge in India (or any other ethnic country for that matter) due to its cultural diversity and unwillingness to change, and that is why Rupert Murdoch had to remain contented with Hong Kong, but internet with its educational potential - reduces its perceived threat as a media (TV) invasion, hence the unwillingness of Indian govt to regulate. I don't think that opening up in Australia, Europe etc presents as big an opportunity to YHOO as would opening up in India, but you're right, the challenges are not as many either. All these potentials have not been fully factored into the price, not yet at least. But to argue that they are firmly excluded would be naive. PS : I may as well look into Sweetpete's suggestion. YHOO is 20 minutes from my new place. PS : What were we arguing about anyway ?