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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: Rational who wrote (3114)11/23/1997 12:38:00 AM
From: Bill Wexler  Read Replies (2) of 27307
 
<<But that doesn't stop
Softbank's CEO, multibillionaire
Masayoshi Son, from projecting that
he will invest in 1,000 Internet
companies over the next decade. >>

Why bother? Isn't Yahoo "reshaping the internet landscape"? Isn't Yahoo the premier brand name on the internet? Isn't the stock price going to infinity?

Isn't Yahoo in a "hyper-growth" phase? I think it is perfectly reasonable to pay $2.6 BILLION for a company which earned $200,000 in the last year and a half, and has only been in business about 2 years.

Buy buy buy!!!!!!!!!!!!!!!!
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