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

To: Dave Mansfield who wrote (16132)	12/21/1998 4:31:00 PM
From: HG	Respond to of 27307

Dave, I DO think about revenue and growth. I'd be verry worried if YHOO was the only stock trading at these lofty valuations. I agree there are concerns...but the concerns are for the entire industry. At the most, internet may not take off in 3 years as some have predicted, it may take 10 years if there are slip ups. But long term it will emerge as a way of life. I mean, look at us, I don't know you, I haven't seen you. In the gone by days, we would have existed in our own universes, you wouldn't have known I even existed. Yet today, we are discussing at minimum cost of communication and search. I'm not clear whether you see the entire internet sector going to dogs. If you feel this is tulip mania, I would respectfully beg to differ. You see tulips have no real use in our life....at the most they can be equated to gold. Internet is a necessity. It improves our lifestyles. It is the long promised reward of industrial revolution. If however, your main concerns is more specifically with YHOO and its current valuation, what would you do Dave ? Working in internetworking industry, having a feel for the potential, I'd rather invest YHOO with all its lofty valuations - its already profitable - than in third tier companies which have a "better" valuation. Would I choose not to invest at all and watch from sidelines another possible MSFT in the making ? No way, I did that with MSFT, not going to do that this time round. Could it be that you demand logic in your investments which can provide you with satisfaction in your investments? Shouldn't investors seek returns more than satisfaction - shouldn't they seek profits ? BTW, I'd be interested to know if you were short during the current rally, and if so, did you cover or are you going to wait ? Merry Christmas and happy holidays to you too.