Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: tonyt who wrote (17008)	1/5/1999 5:56:00 PM
From: oldcrow	Read Replies (2) \| Respond to of 27307

>>"Most Internet stocks are so overvalued that a steep drop is inevitable and may have begun, Berry said. He sees Yahoo! falling to 175 a share, America Online down at 102 and Amazon.com dipping to 75 a share within the first quarter."<< ...dawn had found the tiring grizzlies breathing a sigh of relief, the gunfire had eased and for the time being the relentless hounds could not be heard. From across the valley came whimpers of pain, undoubtedly other bears in a similar plight. Overall, the morning was rather uneventful, the grizzlies had yet to free themselves but clutched dearly to the hopes that they would find a solution other than continued self-mutilation. Afternoon brought the return of gunfire and more anxiety to the exhausted grizzlies...the hideous sounds of other dying bears began to fill the air, yet again. A determined pair of blood hounds began to methodically make their way toward the trapped grizzlies... more gunfire...now much closer than ever before...additional hounds could be heard, this time from the ridge above....fear began to engulf the great grizzlies...a feeling of hopelessness began to enter their once proud and stubborn minds. ...then they heard it...from high atop the peaks of Mt CBS Marketwatch. The most awesome roar of defiance imaginable...this titan of grizzlies was probably the fiercest in the land..a true herculean mammoth of fury.... ...the bellowing roar came again...this time with a different tone...a tone of...of...immense terror!! ...the king grizzly was trapped!! All four feet held in place by the vice grips of steel. The thunderous roars of defiance and disbelief continued...but the hunters closed in....and the dogs closed in...and the traps held fast... ...and there, high atop Mt CBS Marketwatch...one of the greatest Grizzlies (Berry) in the land, began to tremble... ....dusk rolled across the hills...and with it a sense of impending doom for bears of all kinds... (to be continued)

To: tonyt who wrote (17008)	1/5/1999 6:01:00 PM
From: Smart Investor	Read Replies (3) \| Respond to of 27307

A correction in internet stocks is long overdue. I think people who wants to get rich again by buying internet stocks in 1999 will be disappointed. I can see the rotation to semi. stocks by institutional investors for the last two days, and this will continue. Small investors are still hanging on and buying internet stocks while the institutional investors are getting out gradually. Even at $150-$175, YHOO will still be overvalued. People will not buy the viewer growth stuff anymore, they will demand earning from now on. When you look at earning, all those companies are pathetic. As a media company, YHOO's P/E is astronomical!