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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: jach who wrote (9155)4/7/1998 3:24:00 AM
From: sam meen  Read Replies (1) of 27307
 
Yahoo is not cheap but will go higher considering the potential, momentum and future position for it. The (current) estimate P/E for 1998 is $100/.37=270, 1999 is $100/.66=150. Yahoo exceeded estimate for the last several quarters with ease to say the least and they shall beat this quarter estimate by at least 60%. Briefing com mentioned a 7 or 8 cents, for example. Yahoo is the number one search engine and will stay like that for years to come.

In the short term, I am looking for a split announcement and a significant earning announcement. My exit target is $115/120 in less than two weeks, then re-enter at a lower price.

Yahooooo for now. . .
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