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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 (10203)4/17/1998 9:44:00 AM
From: PeterGx  Read Replies (1) of 27307
 
Come on William: get real! Yahoo! ain't a quarter as great as you are beginning to paint it. Maybe you are just getting dizzy from your spectacular gains.
The shorts' main argument is that YHOO's valuation is way out of control. Now you are saying that since the Market is paying that much for it YHOO must be worth it. It's kind of the same argument, isn't it?
I am a convert into recognizing Yahoo!'s amazing business potential (Thanks BTW for your consistent contribution to the topic), but even at this I cannot see YHOO worth more than $40. And you know there is a big chance for a huge (>50%) correction in the price. I hope you reward yourself with some profit-taking and don't get stuck with another CD.
Cheers!
PeterGx
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