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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: Bill Harmond who wrote (928)7/10/1997 5:41:00 PM
From: White Shoes   of 27307
 
"I deal with Montgomery, and they've made no such assertion."

Look, buddy...get off your high horse, I don't make this stuff up.
---According to Greg Vogel, an analyst with Montgomery Securities, Yahoo and other Internet-based companies must diversify their revenue to keep growing their businesses in case advertising on the Web slows
down.
news.com

">> Who hasn't heard of Yahoo!?
That's a big plus. Levi's, Coke, ESPN, MTV, etc... Brands are worth alot."

Ever heard of Peter Lynch? Ever heard of 'stay away from hot stocks in hot industries'? I daresay the brand name Coke is worth billions...and also that Coke stock is currently overpriced. At least they have earnings, lots of 'em.

My guess is...fewer people will want to own stocks like this when the market stops being so 'irrationally exhuberant'. I can't tell you when this will happen, but it always does. Yahoo is a pretty good company...and worth maybe $12 a share. You'll see.
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