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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: Mighty_Mezz who wrote (708)6/6/1997 2:30:00 PM
From: Frank Badini   of 27307
 
The Motley Fool just recommended shorting YHOO. The $1B mkt cap seems is ridiculously high for a company with only $9.5mm in revenues last quarter. The stock price reflects more than the best possible scenario going forward. I believe that YHOO has an excellent product and should continue to experience growing revenues, but the barriers to entry in this market will make it difficult for YHOO to generate enough of a profit margin to justify such a high price/sale multiple. I just shorted some stock today because this stock will probably implode like NSCP did after all the irrational exuberance subsides!
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