Yahoo! Stock...

Demiurge
Demiurge Posts: 10,874
edited April 2 in Clubhouse Archives
Lost $10,400,000,000.00 in profits in one day, which is 22% of it's value. If the shares weren't $25 a pop or so already it would probably be worth buying a bunch for a cheap investment with a likely large return, especially if you're patient.
Post edited by RyanC_Masimo on
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  • Polkersince85
    Polkersince85 Posts: 2,883
    edited July 2006
    very patient......................
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  • PolkThug
    PolkThug Posts: 7,532
    edited July 2006
    You won't have to wait long. The new ad feature wil debut in Q4. Quite an over-reaction today. Buy now and sell at Christmas.

    disclaimer: past performance may not be indicative of future performance, always consult an investment professional.
    Never Forget
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  • Demiurge
    Demiurge Posts: 10,874
    edited July 2006
    Polker -

    I don't think it's going to take long to recover, at least that's what is being said. I know it's still a gamble, but Yahoo! is a proven. They're only behind Google for users, IIRC. There are talks that Page and Brin of Google are expected to be worth more than Bill Gates in the near future.

    This is the part of the article I read that I thought was interesting and why the stock is worthy at looking at as an investment option:
    "Despite Wednesday's harsh backlash against Yahoo, the company isn't exactly struggling. Second-quarter revenue rose 26 percent to $1.58 billion and, after stripping out windfalls and accounting changes that pushed up last year's results, earnings rose 8 percent to $164 million.

    Numbers like that are just one of the reasons market observers like ThinkEquity Partners analyst Stewart Barry view Yahoo's stock as a bargain right now."
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  • aaharvel
    aaharvel Posts: 4,489
    edited July 2006
    FWIW, with the housing market still strong, now's a good time to invest in home-improvement retailers. Specifically Lowes. They're stock is at a 52 week low and 2007 gains are looking to be 16-17%.
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  • bobman1235
    bobman1235 Posts: 10,822
    edited July 2006
    Demiurge wrote:
    Polker -

    I don't think it's going to take long to recover, at least that's what is being said. I know it's still a gamble, but Yahoo! is a proven. They're only behind Google for users, IIRC. There are talks that Page and Brin of Google are expected to be worth more than Bill Gates in the near future.

    This is the part of the article I read that I thought was interesting and why the stock is worthy at looking at as an investment option:

    I'm pretty sure Yahoo! is in fact number one, not behind Google. Maybe not in web searching, but definitely in pure number of hits.
    If you will it, dude, it is no dream.
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  • Demiurge
    Demiurge Posts: 10,874
    edited July 2006
    aaharvel wrote:
    FWIW, with the housing market still strong, now's a good time to invest in home-improvement retailers. Specifically Lowes. They're stock is at a 52 week low and 2007 gains are looking to be 16-17%.

    There's likely a housing bubble, though, and I don't want to be any part of that when it pops.
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  • Demiurge
    Demiurge Posts: 10,874
    edited July 2006
    bobman1235 wrote:
    I'm pretty sure Yahoo! is in fact number one, not behind Google. Maybe not in web searching, but definitely in pure number of hits.

    All the more reason then.

    In any event, they lost a LOT of money in one day. It's kind of hard to fathom a business losing that much and still being in business, just from my perspective. I know they're worth a hell of a lot more. :)
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