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

To: HG who wrote (16829)	1/2/1999 6:25:00 PM
From: Dave Mansfield	Read Replies (3) \| Respond to of 27307

##<<the tulipmania, biotechmania in late 80s, casinomania, restaurantmania, IOMmania, ZITLmania essentially bears the same thinking>>> Internet cannot be compared to these "manias", None of the industries improved human lives.## Oh? Biotech companies have not improved human lives? I believe some of the drugs developed by some of those overvalued biotech companies have not only improved human lives, but have actually saved a few. And internet companies have improved our lives by gluing us in front of monitors? Even if the internet improves our lives, it doesn't necessarily make the individual companies in the internet industry incredibly profitable. Oh, but profits don't matter. As long as these companies make our lives better they will succeed even if they make no money. I still miss the logic. I could stand out on the corner handing out $100 bills to everybody who walks by making all their lives a bit better, but it will not make me successful. I and Yahoo still need to earn a profit to be successful.

To: HG who wrote (16829)	1/3/1999 3:46:00 AM
From: Dave Mansfield	Read Replies (1) \| Respond to of 27307

##<<<the tulipmania, biotechmania in late 80s, casinomania, restaurantmania, IOMmania, ZITLmania essentially bears the same thinking>>> Internet cannot be compared to these "manias", None of the industries improved human lives. Internet does. None of them affected the lifestyles, education, children to this extent. The only revolution I can compare it with is the industrial revolution. And it hasn't died out.## A couple more points. Iomega mania. Yes, Iomega provided a useful service and still does. That is a great portable data storage device which can hold much more data than a floppy disk. Zitel mania. Again, a much needed product to help numerous companies become Y2k compliant. Casino mania. Ever been to Las Vegas? A license to print money. And satisfy a need to gamble by more people than you realize. And restaurant mania. A good restaurant is desired by almost all. To say that a good restaurant does not help to improve one's life escapes me. The difference between all the above manias and the internet mania is that all the others charge for their services. The internet (except for the ISP's of which Yahoo is not) provide their services for free. They don't earn any money from providing it. Almost all the earnings come from banner advertisements. A source of income many might find dubious. Especially true in the case of Yahoo who gets so much from their partner Softbank. Yahoo may provide a wonderful service to us all for free. But bottom line, if they cannot earn some serious cash they will be in trouble. Dave

To: HG who wrote (16829)	1/3/1999 7:47:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 27307

Internet cannot be compared to these "manias", None of the industries improved human lives. Internet does. None of them affected the lifestyles, education, children to this extent. The only revolution I can compare it with is the industrial revolution. And it hasn't died out. HG, The internet is not a revolution it simply is an evolution of technology. It does not improve human life any more or less than biotechs or Iomega did. I use medications that were developed by biotech firms and I am a large user of the Iomaga zip drives and cartridges. I love the internet and the information I can locate using this medium. However, many loved the automobile when they were first developed and once could afford it. There is too much hype regarding the companys involved in this sector. Time will weed out unecessary firms. That occurred with railroads, automobiles, oil companys, etc. It will occur here too. Glenn