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: Robert Sievers who wrote (4070)	12/10/1997 4:50:00 PM
From: Bill Wexler	Read Replies (2) of 27307

Wait a minute Robert....you just don't get it! US Steel is one of those stodgy old companies that don't fit into the new internet/e-commerce/land-grab paradigm. Just because US Steel had $7 billion in sales, $450 million in profits (up over 100% from the previous year), delivered $1.00 a share in dividends to the shareholders, trades at a P/E of 6.5 and a PSR of .40 and can be purchased for a few hundred million less than Yahoo, doesn't necessarily make it a good investment. Smart, forward-thinking investors are buying Yahoo because they can look into the future when it will be competing head to head with CBS and NBC in the global-interrnet-media-virtual-e-commerce world. $3 billion is nothing for a 2 year old company with 250 employees and $50 million in sales when you think about THE FUTURE!! Only a fool would buy US Steel. A stock no one cares about and not receiving much attention from those ultra-analysts at fine firms such as H&Q.

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