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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: craig crawford who wrote (7895)3/6/1998 1:19:00 PM
From: LoLoLoLita  Read Replies (4) of 27307
 
craig,

Your comparison of YHOO to CSCO and MSFT doesn't make sense.

Read up in any economics text on what they call "barriers
to entry." CSCO and MSFT developed technologies that were
protected by patents and copyrights. YHOO has no such
protections. Anyone with $100 M or so can enter this market.

Here is an, admittedly, very extreme scenario.

Bill Gates (if he didn't have the FTC and DOJ on his back)
could decide tomorrow that MSFT should sink up to $ 10 B
into Microsoft Network. And that it would offer free 56 K
dial-up access to the full internet for the first year to
Charter Members, and after that $1/month for life. And it
would offer FREE real-time stock quotes (at least 100/month
for the NAZ--don't know if they could get the NYSE to do it),
and free access to MSNBC programming and Dow Jones News Service.

What would that do to YHOO? AOL too.

David
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