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: Prof. who wrote (25126)	1/11/2000 9:04:00 AM
From: Ram Seetharaman	Read Replies (1) of 27307

AOL/TWX DEAL has made AOL downgradable today as Schroeders (which has a $ 600 target on YHOO!) downgraded AOL to outperform from "buy". The main reason is that they won't value AOL using the aggressive internet business models any more. YHOO is the next one from a "rumor mill" perspective to buy into the entertainment business - in which case they will downgrade too from today's lofty valuation. IMHO, this is the reason it is selling off. After this evening, we will know for sure!

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