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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 (4830)12/22/1997 1:27:00 AM
From: Eric Klein  Read Replies (1) of 27307
 
You sound like the bulls on every other momentum story stock forum. They try to defend the market cap by talking about the potential of the stock. It's a bunch or ****. YHOO is overvalued by every measure. The price has risen because of hype, followed by momentum, followed by short squeezes.

My congratulations if you rode this stock up and made some money, but you must see that it's risen too high and will not stay up here forever. If you want to argue that the cycle of hype, momentum and squeeze will push it up higher, then you may have something to say, but to argue that it's really worth the current price is ludicrous.

YHOO is a good company. They do make a small amount of money. I hope they survive and thrive.
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