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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: Jeff Dryer who wrote (23178)7/21/1999 9:41:00 PM
From: ALTERN8  Read Replies (1) of 27307
 
Jeff,

I like YHOO better than AOL long term because it is a pure Internet play. I think YHOO will stand to benefit from the growth of the Internet in a different way than AOL. I believe AOL is more prone to problems and difficulties than YHOO. For example free Internet access and telecommunications standards changes can hurt AOL but do not affect YHOO. I read somewhere today that AOL is the mother of all portals, I actually still consider AOL more of an on-line service provider and prefer ISPs to that core business. Somehow I think as people learn their way around the Internet and become more computer savvy, they are more likely to choose an ISP over a service provider. We know ELNK is sure banking on that. I also feel that Yahoo!'s superb technological promise spells monopoly potential.

YHOO $313 by Y2K

P/E:
I like high P/E ratios,
A high P/E technology stock is elevated because of rapid growth, and is quite likely to go higher. A low P/E technology stock is more likely to vanish.
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