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 (3040)	11/20/1997 8:24:00 PM
From: Rational	Read Replies (2) of 27307

Bill: You meant Yahoo is not Rambus. Why is YHOO selling so high; it looks articifial, a perfect example of Alan Greenspan's irrational exuberance for a business with nearly zero barriers to entry - and net-net Yahoo is STILL losing money. Why do you think the market is so blind-sighted about the real threat to Yahoo's financial viability? What is the market psychology? It could be a band-wagen effect. Many investors open up to YHOO's free information and wonder how much the company would earn if it were to charge fees for this information. But, then not many would necessarily subscribe to YHOO. Or, the fees will have to be trivial due to near zero cost of entry by competitors, many of whom provide a lot of such free information. The advertisement revenue must show up for YHOO to succeed. When is their next earnings announcement? Thanks in advance for taking so many questions. Sankar Sankar

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