2006-12-09 19:38:30 · 3 answers · asked by jim 1 in Business & Finance ➔ Investing
As one reponder mentioned, it does have a future but no one knows what that future will be. There is more to that answer than meets the casual eye. The future is very uncertain, especially among technology stocks. Many are here today and gone tomarrow. At one time Gateway 2000 was a great and promising company. Now it is a has been. Radio Shack came out with the very first mass market computer, the TRS-80. Now look at them. There are many, many like cases too numerous to mention.
Yahoo currently is the most visited web site in the world. Will it remain so? It depends on their management's abilities to inovate and compete. Even though the stock has dropped about 35%, it still is no real bargain at current levels.
2006-12-10 00:30:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yahoo is an excellent business. The company has been very profitable and is continuing to come out with new technology and ideas to increase the number of users for the entire site.
The stock has decreased roughly 35% this year, largely due to the tremendous success and profits of it top rival, Google. But many people, like myself prefer Yahoo. I think the value of Yahoo continue to grow, Even faster than Google, for the next 5 or 10 years.
All technology stocks are high risk and very volatile. You should contact your financial adviser if you feel this is the right stock for you. Good Luck!
2006-12-10 07:51:23 · answer #2 · answered by MR MONEY 3 · 1⤊ 0⤋
Yes. Everything has a future. It's just that nobody can say for sure what it is. Are you looking to buy the stock? Get a book or two on stock picking. Apply what you learn to yahoo stock. Decide for yourself if it's a good bet.
2006-12-10 06:37:11 · answer #3 · answered by Big R 6 · 0⤊ 0⤋