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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Original Mad Dog who wrote (15413)11/23/1998 3:43:00 PM
From: Webfoot   of 27307
 
Can anyone get any numbers to wash?

Today's analysis from Smith Barney Salamon shows institutions have stopped buying YHOO over 3 weeks ago.

With 80% (roughly 30 million shares of the tradeable float of 37.6 mil) in their hands, it is we individuals who are churning those remaining 7-8 million shares at a rate of 8-12 million in volume every day. People - that's over 100% turnover of the shares in active play. ...and you say this is not pure speculation?

The big holders are smiling all the way to the bank, but when they decide to take profits, there will be a bloodbath at our expense.

Ironic how announcement of a very serious competitor, whose combined user base already generates more traffic by far than Yahoo, is ignored. No, this is not a bubble (and if you really believe THAT, I have some land in Florida I'd like to talk to you about)

Think about another thing. Yahoo claims "27 Million unique users".
Being generous, say that only 10% are duplicates or nonsense entries.

That means that even at 24.3 million truly unique users, Yahoo claims to have registered over 50% of the commonly accepted number of 40-45 million total Internet users worldwide.

...and of those 40-45 million, it is commonly held that 25% use the net only for e-mail. So Yahoo has somehow "registered" 75%-90% of all the users who actually surf world wide? ...without being any browser's default? No Way. They would not be in a distant 3rd place on page views if that many users were really coming to Yahoo with any regularity.

Yahoo's numbers just don't wash, no matter how you look at them.
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