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: fut_trade who wrote (5440)	12/31/1997 11:46:00 PM
From: craig crawford	Read Replies (3) of 27307

<< craig, total television advertising revenues currently amount to about 80 billion dollars. In 1996, total online ad revenues were about 300 million dollars. This year revenues will be about a billion dollars. >> True, but I could go find you total software sales figures and try to make the case for NSCP, which is the fastest growing software company in history. << Yahoo! created the online advertising industry and will continue to fuel it's growth into new markets. >> YHOO will probably be a big player in the forging of the internet. I just think that the price already reflects the most optimistic scenario to be found. That only leaves disappointments on the horizon. Sure YHOO will continue to beat estimates for a while but there is the factor of price. I have to admit I respect your stance. You are clearly a YHOO bull and you continue to be right for the time being. I guess since I started shorting YHOO at 65 I'm not quite as antsy as some of the other shorts to get my money back. YHOO can go to 90 where I will short more. I can also appreciate how it feels to be berated and attacked by shorts all the time while you are cleaning their clocks. I guess it helps to put you in a good mood when YHOO goes up every day. <g> I just think that soon it will be time for the shorts to make money. I've got a question for anyone. Does anyone know of a stock with a $3.5 billion market cap that climbed 500% in one year and just kept on chugging along? I know ASND went up 32 fold in only 1 3/4 years. That sounds a little scary. ASND had $39 million in sales in 1994 (the year it went public) and earned about 7 cents a share. The parallels are frightening. Of course I think the the shorts have one thing on their side. A very old bull market that has racked up three straight years of 20%+ plus returns on the averages. God help all the shorts if we have 3 more years like that. a 32 fold return on YHOO would be more than $320 a share. I guess it would only be a quintupling from current levels. <g>

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