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: john defreitas who wrote (25737)	8/29/2000 2:55:18 AM
From: CookiePuss	Read Replies (1) of 27307

Thanks for the post John, I caught her on CNBC as well. Was this the same analyst from Lehman that downgraded YHOO in July? If so, I can't understand why the downgrade given that she said she speaks with the company b4 issuing a report. So what did she misunderstand in July that caused her to write a totally inaccurate report? Also, her neutral rating is partially based on 3Q revs coming in at $275mm instead of $277mm!?!? What the hell. The summer is historically the slowest period for the advertising sector, this should be given to the investment community by now. Anyway, YHOO management issued a statement this evening that said they are comfortable with the guidance they gave on their last conference call so what's her beef? These people are bizarre. I just read a good book written by former DLJ investment bankers called "Monkey Business" that pretty much describes analysts as the bottom feeders of the business. A highly recommended read. It looks like the immediate short term doesn't look good for YHOO. This is the way the analysts want it for whatever reason.

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