grayowl
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posted on January 11, 2001 07:09:10 AM new
WHERE IS THE BOTTOM FOR THE STOCK LETS TAKE FUN WAGERS?
I SAY 14.00
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dimview
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posted on January 11, 2001 07:15:05 AM new
YHOO's stock tanks.
Yikes. Right now trading at 25-7/16, down 5-1/16. And with it $2.83 billion in market capitalization.
http://finance.yahoo.com/q?s=YHOO&d=1d
Did Merrill Lynch's Blodget issue another recommendation? LOL
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mrjoker
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posted on January 11, 2001 07:18:59 AM new
the other thing yahoo has going against it is that most dot-coms have been tanking for the last several months as has the entire market. it is quite possible that yahoos stock would have gone down regardless.
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jwpc
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posted on January 11, 2001 07:22:08 AM new
Although I am VERY, VERY unhappy with Yahoo, their drop on the market had little to do with charging fees or loss of auctions listings in the last few days. It was their projected profit report which came out yesterday, and their advertising was way down, and Yahoo had backed off on some of their more flowery projections.
eBay was also down, but not as dramatically.
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grayowl
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posted on January 11, 2001 07:24:24 AM new
hey how did you do that dog walk picture??
u post alot too lol
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RebelGuns
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posted on January 11, 2001 07:35:39 AM new
YHOO – YAHOO INC
Last trade: 25.56
Change: -4.94
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dimview
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posted on January 11, 2001 07:42:04 AM new
mrjoker >
the other thing yahoo has going against it is that most dot-coms have been tanking for the last several months as has the entire market. it is quite possible that yahoos stock would have gone down regardless.
Yes, probably would have gone down regardless, but I also think that Yahoo!Inc. failed to develop a timely strategy to counter declining dot-com advertisment revenue with non-internet company advertisment revenue.
So when they got the first inkling that advertisment revenue was beginning to slide, they looked at Yahoo!Auctions because they perceive sellers as "cash cows" they can "milk" for dimes.
[ edited by dimview on Jan 11, 2001 07:44 AM ]
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ilene
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posted on January 11, 2001 08:25:02 AM new
The following paragraph is quoted from an article entitled, "Yahoo!'s Future Revenues"
By stockchamp a member of the Motley Fool community.
January 10, 2001
Deutsche Banc Alex Brown says that Yahoo! could potentially lose 50% of its 3 million auction listings. Where do you think those 1.5 million listing are going to go? I'd put my money on eBay (Nasdaq: EBAY), the leader of online consumer auctions. Yahoo! is really stuck between a rock and a hard place. Charge for auctions and lose customers, or keep them free and lose all that potential revenue? We must remember that the 50% figure is only an estimate. Also, Yahoo! fees will be lower than eBay's, which could sway auctioneers to stay with Yahoo! I guess only time will tell. It will be very important to see if customers will accept paying for some services that used to come free, or will go to others that might be more specialized or just cheaper.
Here is the link for the full story:
http://www.fool.com/community/views/2001/view010110.htm?ref=yhoolnk
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RebelGuns
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posted on January 11, 2001 08:32:01 AM new
They just don't get it. If you have to pay a fee, even if it's a difference of a dime a listing, a dealer is going to go where the crowds are. He or she can risk posting on obscure or listless sites if there is no fee, but when the chips are down, the dealer MUST go with the flow (the being eBow...er...eBay) or any site where the buying crowd justifies the cost.
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RebelGuns
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posted on January 11, 2001 08:50:00 AM new
Looks to me like they are now predicting Yahoo stock to drop to $14-$15 per.
"Yahoo worth $15 a share
Noglows predicted Yahoo's guidance will send its stock reeling, along with the rest of the Internet media sector, and said that according to traditional valuation metrics, it "could conceivably trade down to $15 per share."
http://news.cnet.com/news/0-1005-201-4445526-0.html?tag=st.cn.sr.ne.1
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dimview
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posted on January 11, 2001 08:59:10 AM new
The herd mentality of investors absolutely amazes me. YHOO, two days ago euphoric sending it up, today dumping it like there's no tomorrow and down it goes.
Excellent book on the subject is Extraordinary Popular Delusions and the Madness of Crowds, by Charles Mackay.
If I had an extra copy I would list it on Yahoo!Auctions ... err ... ummm ... no I wouldn't ... few pageviews, fewer bidders and even fewer buyers. LOL.
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pegasus777
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posted on January 11, 2001 10:29:55 AM new
Every time I have tried the link to get YHOO stock quote in the last 15 minutes (http://finance.yahoo.com/q?s=YHOO&d=1d) I am getting a 'reset by peer' message. Anyone getting through?
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RebelGuns
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posted on January 11, 2001 10:33:39 AM new
Try this resource. Refresh screen to bring up latest as it changes
http://cnet.search.com/search?timeout=3&tag=ex.cn.1.srch.cnet&q=yahoo
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rustybore
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posted on January 11, 2001 10:40:25 AM new
Funny, while Yahoo is down - looks like ebutt is up.
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lovepotions
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posted on January 11, 2001 10:56:31 AM new
I dont know what kind f crack Yahoo is smoking but their claim of their listing fee still being lower than Ebay is completely wrong.
And we're talking basic math here.
Yahoo's listing fee for an item $9.99 is $.20 right???
Ebay's listing price for an item $9.99 is $.25 right??
Yahoo does not have a free re-list and you will be paying for them if you click therelist buton
2 rounds of an item at $9.99 is $.40 and if you make one round as a featured auction lets say you run the item for 5 days $.90 and if you feature it for 2 rounds $1.40
Ebay give one free relist if it sells the second time. So 2 rounds of Ebay cost $.25 add a gallery fee of $.25 so $.50 $.75 if you do the gallery both times. If you dont sell it both rounds then listing that same item 2 times with gallery costs $1.00 with a 5% FVF add another $.10 then $1.10
.
Add a little flavor to your love life with "Love Potions"
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mrjoker
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posted on January 11, 2001 11:00:06 AM new
this is because yahoo is trying to make it seem that your auction will sell the first time around, yet they know that it wont. so by making it seem that it is cheaper than other sites, they hope to get more people to their site. sorry, wont work.
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