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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: Bill Harmond who wrote (760)6/17/1997 11:54:00 PM
From: Charles Hughes   of 27307
 
When did that happen. They are losing 5 bucks a share, according to Yahoo ;-) You must be talking about a quarter.

Also, I seem to recall they had a number of financing changes and lots of other backup, not to mention screwing their subscribers to get more capital. And engaging in activity that united the attorneys general against them. Technically they don't fit the bill I wrote. And if yhoo does any of this the stock will tank. Actually, given the business they are in, it would be hard. They don't have any of the hammers AOL had.

Anyway, what I meant to say was a company that was still around after a period of time, say since the startup of compaq, that had those kinds of origins, that now has solid earnings. But I didn't put that too well. Even if we accepted AOL as a model(and I say time will tell on that one) Yahoos stock performance now is not the thing in question. It is the performance at the end (1998-99) I am interested in. That is what I am saying when I say it isn't worth the market cap. Only hype is keeping it up. Not facts.

Chaz
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