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

To: Dan Spillane who wrote (17474)	1/11/1999 5:05:00 PM
From: Sonki	Read Replies (2) \| Respond to of 27307

there is aways a greater fool. just don't know who the fool is, buyer or seller....till the next day and the next day. fools tripping up on eachother. i m just watching w. my tiny postion from the side line. have been just too lazy to sell thinking more fools will keep tripping up as this trains goes foward. monyGuide on wsw does help the stock

To: Dan Spillane who wrote (17474)	1/11/1999 8:09:00 PM
From: 16yearcycle	Respond to of 27307

Let me try again. Wall Street cannot effectively measure the value of a company that grows at 300% annually, and is expected to be able to continue nearly that pace for years to come. Yahoo! may well have sales of $600 million in 1999, and profits of 200 million. If we use a standard measure of a pe equaling the growth rate, we get 200m x 300 = 60 billion, or 610 per share, about. Unbelievable, huh? I shorted this stock in April and made a profit. Seriously.If I would have sunk all my money in a long position by the time I understood, as I should have, I would have 8 figures now. It took me getting pissed off last week to completely see what was happening: Wall street cannot tolerate this type of growth. For the other side of the coin, look at psft in the last year. When you go from 100% growth to 35%, expect to be bludgeoned. The stock price collapses that occur on slowing growth may be even more amazing than these run ups, especially since by the time it happens, a lot of these companies will be very profitable. It will boggle the mind of the public when it happens.