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


To: HG who wrote (16010)12/10/1998 5:14:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 27307
 
It is a joke to call YHOO a "blue chip" stock. I have never seen a blue chip stock without a dime of net earning! Do not insult yourself and others by calling YHOO a blue chip stock. YHOO is a the most overvalued bubble Net stock, pure and simple.

Have you looked at the details of YHOO quarterly report ? have you noticed the large percentage of revenue from Softbank, one of the largest share holders of YHOO ? I have to admit it is a clever scheme to pump money into YHOO and get it back through stock. However, wait until the SEC starts looking into this.



To: HG who wrote (16010)12/10/1998 6:49:00 PM
From: Slumdog  Read Replies (1) | Respond to of 27307
 
In all fairness, happy girl, your opinion about the houses just wanting to "create a steady base for YHOO by weeding away the daytraders and all the other short term speculators" and that "this has been achieved" is interesting.

In an article by Robert Louis of the San Fran. Chronicle he states

Ameritrade, DLJ Direct, E-Trade, Charles Schwab, Suretrade and Waterhose among others have raised margin requirements "because they fear the stocks will plummet causing investors to default on their debts."

I don't think they will weed out anyone who has the money to trade!

In order to be blue chip, dont you need a continuous record of dividend payments?

I don't mean to be adversarial, just observation.

Regards. D. Taylor