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


To: Smart Investor who wrote (20641)3/31/1999 5:35:00 PM
From: Craig A  Read Replies (2) | Respond to of 27307
 
I have never responded negatively to anyone on this thread. You, on the other hand, need a comment.
Support your comments with some stuff.
Regards
Craig



To: Smart Investor who wrote (20641)3/31/1999 5:38:00 PM
From: Ty Morgan  Respond to of 27307
 
Yahoo doesn't need an isp, they just need to consolidate the best internet companies into an internet mega conglomerate. Ebay would be a fit, but the price tag is probably too rich.



To: Smart Investor who wrote (20641)3/31/1999 8:31:00 PM
From: OrionX  Respond to of 27307
 
Buying BCST at 4.4 billion will be very dilutive to YHOO. YHOO may go from positive earning to negative next quarter, which will kill this stock. With YHOO getting bigger with this kind of acquisition, the possibility (some people mentioned this before) of YHOO get acquired by AT&T or MSFT is gone....

After hearing of yhoo's interest in bcst for close to 300X yearly sales (and let's not even talk about profits or should I say losses), I finally got my biggest laugh of the day. Let's see, one overpriced but way overpriced stock buying another even more over priced. Go figure. This market is living an LSD trip!

But seriously, IMO, yhoo certainly had a chance of proving themselves by continuing to make real net earnings rather than net losses like most of the other internet stocks. However, today they proved that a one product company can't survive unless they buy up other products. What's strange is that they must be real desperate to pay such a high price for a company with sales of $20 million and massive debts. I guess there is one good thing in this deal, from the ceo's perspective, and that is the multitude of small shareholders who have blindly bumped up the yhoo share price are the ones really footing the bill on this possible deal.