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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: Charles P. Hubbard who wrote (6441)1/14/1998 7:19:00 PM
From: yuedong wu  Read Replies (1) of 27307
 
The 5 cent/share is BEFORE tax. The 3 cents/share estimate is AFTER tax. If they pay 38% tax it would be just made the estimate. Half of income are from no-operations. A stock whose p/e is over 1000, Just made expetation? I don't know how high it can go. I checked January option data, here are the number of outstanding contracts: $65 call 1104, $65 put 1021, $60 call 1985, $60 put 1700. I don't think YHOO will close below $60 this week. But next week, who knows!
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