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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: Don Westermeyer who wrote (2807)11/14/1997 10:04:00 PM
From: Bill Wexler  Read Replies (3) of 27307
 
My thoughts exactly.

First of all, no one in their right mind (except for people gambling on the price volatility) will pay $2.4 billion for Yahoo. AOL already owns a big chunk of Excite - if they were going to acquire anyone, it would be Excite.

BTW, I've been claiming that internet advertising growth has not lived up to the hype. When AOL announced its last quarter's results, they stated that advertising/commerce revenues actually DECREASED.

My guess is that next Q's results for all the search engines will be flat.
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