Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: john defreitas who wrote (24438)	11/15/1999 9:25:00 PM
From: Director	Read Replies (2) of 27307

Yahoo has been following AOL's... price up since AOL announced a split. They are both approx. the same % from their 52 week high. One problem for buyers of YHOO at these prices: Yahoo! did not announce a split. Buyers are paying a premium by pricing in a split. This has happened on very low volume. AOL is already starting to show some weakness. Make that two problems for YHOO buyers (at these levels): YHOO's 52 week high of 244 was intraday and quickly came back to the 220's. AOL's high was less volatile. There may be a third and even more important reason not to trust YHOO's price at this level: Yahoo! is no America Online. If other portals are successful in "gunning" for Yahoo! (Lycos has already made some headway), then their all important stronghold on the "free" portal eyeballs will be dangerously diminished... their growth will not be able to justify future earnings and ridiculously high P/E ratio.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next