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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 (8798)3/26/1998 12:50:00 AM
From: Michael Collings  Read Replies (1) of 27307
 
ZITL is a scam. IOM was a cult stock. YHOO is for real.

At the time IOM was for real and it had real earnings and revenue growth. Yahoo on the other hand, earned 5 cents and is projecting 35 cents this year on 70% earnings growth and is trading at 88. That's real? IOM was going to become the standard for all computers and it was the ole razor and razor blade story. ZITL was going to solve the world's y2k problem which was perceived at the time as the greatest disaster in history.

<<The internet isn't going away in 2001>>

Now that's true but what does that have to do with the price of rice in China? The internet isn't going away so therefore Yahoo is worth 4.7 billion today? I don't follow..... we're back to trading today what it might be worth (that's might be) 5 years from now? If that's the whole strategy for the market now it probably is the time for the market to collapse.
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