Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Director who wrote (24780)	12/13/1999 12:24:00 PM
From: Alomex	Read Replies (1) of 27307

The "pre-earnings rally" has already happened. If you think that there is substantial upside for this search engine company already valued more than Ford and GM combined... Careful... There were times where you could have said the same about Microsoft, but the stock rarely went down. It simply went into long sideways periods in which the market let earnings catch up to valuation... More recently Amazon did the same, reaching $90 and change in early January 1999, and even today, it has not yet decisively broken through that line. In the mean time revenues have tripled. Yahoo showed a similar pattern throughout 1999.

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