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Originally Posted by 450SEL6.9  I should have bought Yahoo! shares, but I wanted to see google's results before buying! Damn. |
It's good that you didn't. If MS had zero interest for Yahoo, the stock would have been as low as it has been the latest years. Google and other internet based companies aren't doing to well either and have dropped like rocks during the latest 5 weeks, dot com crash all over again.
I'm not smiling though, because before new years I had plan jumping on the China-boom wagon and buy equity in companies like SoHu just to name one, but my plans have all be crushed by the economic crisis we are going through at the moment.
On the bright side, these minor depressions give people a chance of buying shares and property at bargin prices, which is what many successful investors do, and cash in big time on later on when the economy has stabilized.