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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: LLCF who wrote (26286)1/12/2001 7:54:15 AM
From: Earlie  Read Replies (1) of 27307
 
Dak:

Sorry I missed your post.

In answer to your question, only if they drive it back up and then only on the put/short side.

With web useage growth rates falling off and web advertising becoming a joke, it isn't going to be easy for YHOO to make profits. The market is finally becoming interested in that topic.

I also expect web useage growth rates to fall further as the stock market declines. A remarkable percentage of all web use relates to stocks. If the market tanks (and it sure appears to be heading that way), then web useage will fall in tandem.

There is also that phenomenon which I know you understand so well,..... PE shrinkage when growth is perceived to be at an end.

Best, Earlie
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