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: Bill Harmond who wrote (1027)	7/23/1997 11:14:00 PM
From: White Shoes	of 27307

William, it's one thing for an analyst to project a -.02 loss and the co. to make a penny due to investment income. Projecting earnings 2 years out, especially big ones with no track record, well we've all seen a few of those before. Data Race (RACE) was supposed to earn $1.52 next year but the analysts reduced it to $1.00 and will reduce it to $0.00 the way things are going. Gaming Lottery (GLCCF) was 'projected' to make $10 per share in 1998!!! Obviously the analysts here are more credible and Yahoo's prospects do capture the imagination. But isn't that the point, the stock has captured everyone's imagination. Reality rarely lives up to these kinds of valuations. You know and I know you can't project earnings 2 years out for a company with no track record. All you can do is dream. Fine, then, YHOO does "make its numbers". If you seriously think that the co. is worth 105X earnings 2 years out then you don't ask for much of a return on your money. Remember IOMG...

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