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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 Wexler who wrote (3683)12/5/1997 6:48:00 PM
From: Bill Wexler  Read Replies (2) of 27307
 
Market cap now stands at $2.8 billion.

Let's see...

You can buy JBIL (a momentum stock which fell from 72 to 43) and have $1.2 billion left over. You also get $1 billion is sales and $50 million in earnings.

You can buy AFCI (a momentum stock which fell from 43 to 28) and have $750 million left over. You also get $230 million in sales and $30 million in earnings...not to mention a more impressive growth rate than Yahoo.

You can buy half of ASND (a momentum stock which fell from 80 to 28). You also get $1 billion in sales and $150 million in earnings.

Without a doubt, yahoo is the most expensive stock I have seen in a very long time by any valuation metric. Bullsh$$t hype about this company has driven it to levels which are unsustainable.
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