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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: Ram Seetharaman who wrote (25776)9/8/2000 1:27:16 AM
From: Doug Fowler  Read Replies (2) of 27307
 
You seem to miss the fact that Yahoo's HUGE PE is based on aggressive growth rates.

It appears that Koogle has telegraphed that we will see a slowdown in those growth rates for at least the next two quarters.

And quite frankly, he has given me little reason to believe that their historic growth rates will resume 6 months down the road.

It just doesn't work that way...And so, Yahoo deserves a much lower PE, and thus a much lower stock price.

Frankly, I am surprised that Yahoo's stock has held as well as it has.

Maybe its time for Microsoft to buy Yahoo?
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