SI
SI
discoversearch

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: Bob Zeleznik who wrote (17639)1/12/1999 4:37:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 27307
 
Not all rules. This has all happened before. It is in lots of books on stocks. Check out Iomega, Netscape, Presstek for a few recent examples. With everyone here and on the other message boards counting on $500 per share, look around and remember how exhilarating this was. Next stop is 286. .

I give credit to mgmt for going 2:1. Only idiots think that it really matters at this point if you multiply shares by 2 or 3 or 5. A 5:1 may have continued this insanity longer with an eventual more devastating correction than the one that began today.

Bottom line is that people who did not sell above $400 think that YHOO is worth $40 Billion. Get real. Some day perhaps. Maybe it is even worth $10B today. But $40B?