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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 (7420)2/17/1998 1:24:00 PM
From: TheBigB  Read Replies (1) of 27307
 
Let me assist William in his arguments a little.
I see the following reasons for YHOO to keep riusing

1. Institutions are a herd. Until YHOO reports bad results, they'll follow the analysts. YHOO will be hard pressed to miss it's earninsg target for this quarter : which is simply 1.6 Million $. They may even beat it by a chunk - Does not take much to earn 3 Million $. The first sign of YHOO not being able to make it's earnings may only appear at the end of this year - if that. It may take till the End of 1999 before this bubble bursts.

2. Small Investors are begining to Jump on - led by Hype from mainstream media

3. YHOO is not hyping itself like Netscape was. At the peak of Netscape's stock price - every one believed that they had a godo chance of dethroning Microsoft. Yahoo on the other hand is containing expectations well - even the most aggressive bulls just say that they will survive - perhaps even thrive and that the only real claim that I see from bulls is that their stock price will not take a big hit - which may well be so.

4. YAHOO is not growing as fast as Netscape in hiring employees. They have about 500 employees. Netscape on the other hand hired like there was no tomorrow.

Anything else ?

PS : My info on Steve Ballmer's MSFT sales are quite reliable. He has not sold any shares of MSFT since 1990 - which is when he loaded up on MSFT prior to win3.1 launch. Look up the net for that info
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