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: Don Westermeyer who wrote (5334)	12/30/1997 9:17:00 PM
From: Ploni	Read Replies (1) of 27307

Don, I think the article said that YHOO is 10X overpriced in comparison to companies that had already established earnings and sales. Thus, there are companies that are losing money that have worse P/E's, and there are start-up companies without sales, that have worse PSR's. But I agree that it's subjective to decide which companies to include in the comparison. I wish my crystal ball was a little clearer on this issue; I have previously been pretty good on coming close to peaks when shorting stocks, but have missed significantly this time. I have some hope that January 2 will bring some relief, and we may see more in mid-January with earnings release and options expiration. I don't know if this issue needs a wooden stake, a silver bullet, a good dose of daylight, or what -- but it needs something.

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