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 Wexler who wrote (2288)	10/31/1997 7:04:00 PM
From: Bill Harmond	Read Replies (3) of 27307

>>usually right before the stock proceeds to shed 90% of its market cap. Usually? Come on, Bill. Using the last x quarters of Yahoo earnings means nothing. >>in fact I believe that same investor stands a very good chance of enormous loss. You're very clear about that. >>the company is still not profitable. It's a fast track, Bill; you gotta keep up. Yahoo is indeed profitable, profitable from operations, to boot. You need to watch these categorical statements like advertising rates are declining. There are alot of lurkers here. >>the comparison to the growth in AOL's stock price from 2 to 60 is extremely disingenuous. I was pointing out how the Street treats companies that create and lead new fast-growing markets. I have no illusion that Yahoo will appreciate 10x from here in the next year or two. I believe it will do better than most other stocks, though, and it may surprise us on the upside as it already has. The best investments always seem too risky or expensive.

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