Post Yahoo!-plunge commentary: what are they saying?

The weather-men had spoken, not BEFORE, the very same I said, They NEVER know what is happening with companies’ internals,

CRAMER! Of course, for HIS charitable TRUST,

The forecasting skill of analyst is on average about as good as guessing and they cannot predict the turning points of a company.
Listen the to words of the CFO, and decipher for your self, most analyst are at best, odd-makers.

Respectable Ones like Ms. Meeker gives clients well-diversified opinions that reinforce her conclusions.

Thanks

I won't hazard a guess right now on where Yahoo is going. That should tell you something in itself.

Being a "big picture" thinker I'll tell you what I see. There's more to this than how a couple stocks are performing. Have you noticed the lull in the action today? Yesterday was a very small train wreck compared to what is coming. If we don't shore this thing up quickly, it's going to be out of our hands.

Have you EVER seen a communication medium so powerful yet so unregulated? Who's in charge here? Where are we going? Can anybody even see a clear path?

I can.

I've been rapping your foreheads for weeks now telling you that the law is coming. Well, THEY ARE! The law, the taxing authorities, the lawyers, the public and the courts are all eyeing us, each wondering if we can control this thing we call the internet. Can we? Even Apple and Microsoft are getting a bit impatient that they have cutting edge technology that no one is telling them how best to exploit.

WE should ALL be ashamed of ourselves!


Now, I'm going to spell it out for you plain and simple. It's going to sound a little stupid yet a little scary. It may strike you as obvious. I hope more than a couple people slap their foreheads with the stark truth of this.

Please, understand me:

If WE don't grab hold of this internet from the inside and mold it into the safe, fun, secure and profitable thing it is supposed to be then the "powers that be" are going to come in and do it for us. It's that simple.

Trillions of dollars now move through this internet. Every state in the union wants to get their piece. They're tired of waiting for us to shape a program. They won't wait much longer.

Picture this: Fifty states instituting fifty different tax codes for collection of sales tax due on internet sales. Not a pretty thought is it? Want it that way? Just sit around a while longer...it's coming.

Imagine this: 1,000,000 civil tort actions a year in circuit courts around the country for violations of privacy, trade mark, copyright, freedom of information, civil liberty violations... Just sit around a while longer...it's coming.

Ponder this: 12 million criminal compliants for mail fraud, counterfeiting, illegal transfer of funds, child pornography, equipment breach, identity theft, stalking, child enticement, and con games of all kinds.

Just laugh at me and take another sip of your mocha java... it'll still be coming.

NOW SIT UP AND GET STRAIGHT!!!

I'm just revealing the tip of the iceburg here!

I can only do so much from this this dial up connected 5 room bungalow in the woods.

Why don't some of you smart a@@es with the big bucks and the bigger words shut your yaps for one minute and DO SOMETHING!?!

My principle has always been:

" If you ain't ready to DO something about it, I don't want to hear your bit@hing!"

It'd serve you right if the government comes in here and jams this whole mess right down your throats... with your portfolios close behind.


Mark my words,

It's coming.


I'll be here when you're ready.


Have a nice day! :)

Gary E. Sattler