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 (2529)	11/6/1997 10:00:00 PM
From: Bill Wexler	Read Replies (1) of 27307

<< having to hear from the gazillion bears on this thread about how Yahoo is trash and how they told us so!>> Whoever said Yahoo was trash? No one has really criticized the company except to point out that it is ridiculously overpriced by any measure. Yahoo is not a high-tech company. It is a web adverising business. As such it should be trading at a fraction of its current PSR. All this talk of "hyper-growth" is simply nonsense. William, you should know better than anyone that it is far easier to "grow" sales from $1 millon to $3 million than from $100 million to $300 million. Yahoo's main source of income is interest from the money that was conned (and I mean conned) from the public in the IPO. I continue to maintain that Yahoo will suffer a very severe decline in price from these levels.

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