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: Ploni who wrote (1557)	9/15/1997 5:46:00 PM
From: Don Westermeyer	of 27307

>Well, fundamentally, the P/E was 160 times next years First Call estimates, the price was 20 times book value, and 30 times sales. Yah - I kept tell myself that too. I just can't believe anyone would buy a stock this far out of whack with industry norms. Re Options: I do have some long term ones, but I don't really trade them. I only have an option account at Fidelity, and the commissions are outrageous. Re Amazon: A fine company. It's stock price is (like Yahoo) is just way out of line with the rest of the industry. Actually I think it's still a good short, but most of the gain to be made short term is probably already done. Wish I'd shorted it last friday.

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