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Old 07-03-2002, 08:17 AM
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Default Yahoo is garbage

I'm not surprised to check the charts, and see YHOO has gotten hammered these last couple days.

Back in the Internet era, every Internet service that was about to collapse got a certain feel.

Yahoo, very slowly but surely, has developed that feel. They just can't cover costs.

Which do you use, Yahoo finance, Yahoo auctions, Yahoo news or just Yahoo free email?

One time, I invited a girl to go see a movie advertised in a Yahoo banner ad, she declined.

But what about those spy cameras, eh? If I buy it, will the generic sluts show up?

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Old 07-03-2002, 07:48 PM
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Default Re: Yahoo is garbage

I happen to use just about everything on Yahoo...but their mail! They are definitely richly valued, but at some point I can't help but expect them to rebound somewhat because the very drought on anything internet has nicely cleaned out their competition. Crazy 90's type valuations are gone and the current valuation is a bit high, but if it were to go under 10 I would say its a good long-term buy. After all nothing that depends on advertising revenue right now is doing well. Their current P/E isn't much of an indicator, because I don't think the model they are using right now will be the one they use 2 years from now. By then they will be charging a lot more and for a lot more things. Hard to charge when things are free, but those offering the freebies are going out of business while Yahoo has a huge hoard of cash and has no chance of going out of business. My guess is that a couple years from now they will be bought or buy some significant assets and be a fairly strong company. If you are engaged in short-term trading they are definitely not a company to get too involved in unless you are playing their heavily volatility and high volume status.
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Old 07-04-2002, 01:35 PM
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Default charging? for what? it requires better products. *NM*

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