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: Dave Jones who wrote (712)	6/10/1997 8:46:00 AM
From: Bill Wexler	of 27307

I think their expectations are a bit optimistic (to say the least). Yahoo is a search engine .... period. Anyone with a web site can sell advertising. I simply don't see why a company in such a low-tech venture with absolutely no barriers to entry is trading at a market cap of a billion dollars. If you think it's cheap at these levels - then be my guest (someone has to be buying my short sale). As far as your Microsoft comment is concerned - I don't see what a bad call by an analyst years ago has to do with Yahoo. In fact it seems to counter your argument about the validity of an opinion from a "major independent research firm". I suggest doing your own research. I did...and I went short. My guess is that at current price levels, my risk level is near zero.

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