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: fut_trade who wrote (1912)	10/8/1997 9:41:00 PM
From: Bill Wexler	of 27307

So you see the "potential" for Yahoo - a web site selling banner ads - to go to a market cap nearing that of 3Com - a company with $3 Billion in sales and $400 million in earnings...or a market cap double that of AOL's - a company which also sells advertising (just like Yahoo), but also has a $1.7 billion revenue stream from about 10 million subscribers. Not bad for a web site which posted $222,000 in operating profits last quarter! Peter, you gave me some good advice before the short squeeze...now I'm going to return the favor: 1) Momentum stocks are prone to severe corrections. 2) Momentum stocks usually fall much faster than they rise. 3) Short squeezes are always followed by distributions. 4) When a company stock price is radically decoupled from its fundamentals, the fundamentals eventually win. 5) Sometimes when a stock is heavily shorted - there's a good reason for it.

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