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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: Bill Harmond who wrote (2834)11/16/1997 3:40:00 AM
From: Bill Wexler  Read Replies (1) of 27307
 
Already have. There is nothing new or magic about Yahoo. it is simply another story/momentum stock which will get killed just like every story/momentum stock before it.

This is not to imply that Yahoo will not become a profitable business someday, but it is usually extremely unwise to pay over 10x what a company is worth while waiting for that day to come.
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