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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: David R. Doerr who wrote (2320)11/3/1997 2:10:00 AM
From: Bill Harmond  Read Replies (3) of 27307
 
>>I was looking for some reasons to go long.

Analysts aren't good market timers, but this report summary from H&Q following Yahoo's 3Q97 earnings may help:

The quarterly results -- especially the robust gains in traffic and advertisers -- make us even more confident that Yahoo! is becoming increasingly well positioned to not only dominate the Internet navigation space but to emerge as one of the few Internet companies poised to take full advantage of the advertising and commerce opportunities being offered by the burgeoning growth of the World Wide Web...

Yahoo! has not only significantly widened its lead over its rivals in terms of traffic and advertising, but has taken meaningful steps in expanding its brand through the continued rollout of regional and international sites, as well as the introduction of highly targeted personalized content and information services...

With that said, on a fundamental basis Yahoo!'s story has never been stronger; Yahoo! is increasingly well-positioned competitively and will prove one of the best vehicles for investors seeking to exploit the long-term growth of the Internet. For these reasons, we are maintaining our BUY recommendation at the current price.


hamquist.com
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