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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: Doug Fowler who wrote (25779)9/8/2000 8:45:51 AM
From: Ram Seetharaman  Read Replies (2) of 27307
 
All Koogle said was "a little bit of upside may be off due to the ad slowdown" - that doesn't mean that YHOO can't make up the slack with other business deals - Look at the behemoth AMZN - they (naysayers/doomsayers!) bashed it all the way down to $ 28, and now it is back at $ 45! YHOO is in lot better shape than AMZN. IMHO, it is worth at least $ 180 in a year! If they keep beating the Street the next couple of quarters, a new split would also be in order!

P/E makes no sense for internet stocks until the industry matures (and becomes like the auto companies!), which is at least five years away!
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