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: Dave Mansfield who wrote (18061)	1/13/1999 7:40:00 PM
From: Original Mad Dog	Read Replies (2) \| Respond to of 27307

Dave, I see you are back to saying "when" not "if". A couple of serious down days can embolden the doomsayers, I guess. As a member of Doomsayers Anonymous, I know. I would suggest that YHOO may correct to around 300, but it will be some of the other Internuts that will just vanish, along with most of the "wealth" they have "created". I haven't studied it closely enough to name names, but it might be fun to come up with a list of the ten Net stocks most likely to evaporate in the coming couple of years. Yahoo would definitely not be on the list, IMO. As a result, you may see those investors who are lucky enough to get out of the vanishing Net stocks in time park their money in a relatively "safe" (ahem) haven like Yahoo. That doesn't make Yahoo a "blue chip" exactly, but even the WSJ has been calling YHOO a "bellwether" Internet stock. That bodes well for a long term valuation premium for Yahoo. Not at several hundred times sales and earnings, mind you, but a premium maybe of the type that CSCO and MSFT currently enjoy. But before we get there, someone will have to figure out what the company is worth, and how you measure it. And that is a couple of years away, at least. Until then, I'd say either avoid it, or stay long if you got in early, or buy the serious dips and avoid the little dips. MAD DOG (PS -- OT - missed the Jordan press conference. What next for MJ?)