Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: LRS who wrote (10146)	4/16/1998 4:16:00 PM
From: Joemick	Read Replies (2) of 27307

What a joke. How could a company possibly EVER make enough money to justify this type of valuation by selling banner advertising. I'm on the short bandwagon as of today. And it's about to start kicking up the music as the ride turns downhill. This company is valued higher than Seagate who more than likely made the drive in your computer. Don't be stupid and get out now. Let me put this in perspective, what a luagh this is. In 1996, Westinghouse bought CBS for $5.4 billion. And they were criticized for paying way too much. Esentially YHOO is a broadcaster, sellign ads, with a fraction of CBS's power and tons more competition. Do you think they can ever raise rates with 30 companies trying to be the internet place to be. Be smart and take your profits, pat yourself on the back, and put your money somewhere else. Netscape for instance is only valued at 2.5 billion and they have talked to an investment banker about seeking a merger partner ( reported in Wall Street Journal) Thanks for listening and to my fellow shorties, this is gonna be fun from here on in.

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