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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 (10200)4/16/1998 9:11:00 PM
From: The Vinman  Read Replies (1) of 27307
 
That's one of the problems with all this hype, you thought XCIT numbers were pretty good after they LOST .28, a wider loss than last year. I know the argument, its all about the future. But even taking the future into consideration a market cap for YHOO of nearly 7 BILLION at current growth rates is a TOTAL joke. Their rev's won't even approach 500 million for a few years yet, are you buying for the next century or what? I realize YHOO is the market leader, but don't fool yourself, a basic course in business would tell you that a market in its infancy that is profitable will surely bring competition.

Vinman
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