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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: Paul Winston who wrote (1836)10/8/1997 12:58:00 PM
From: joshi   of 27307
 
WARNING WARNING WARNING!!! GET OUT BEFORE CLOSE
However, in keeping with the appreciation seen in all other Internet related stocks, this issue is currently trading at 944 times 1997
earnings estimates of $0.06 a share and at a 177 multiple to projected net of $0.32 a share for 1998. Anyway you cut it, investors are paying a lot of dough for a piece of future earnings. Today, EVEREN securities became aware of this notion and lowered its near-term rating on the stock to an "underperform" from an "outperform," while
maintaining its long-term view at an "outperform." These ratings are still very generous given current fundamentals, however.
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