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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: Mike M who wrote (10276)4/17/1998 9:29:00 PM
From: H James Morris  Read Replies (1) of 27307
 
Mike,
>Almost never was there a good one for paying 70 times sales....Certainly MSFT never was priced that high....<
If you want to see a 'never was there', look at Amazon.com (Amzn).
If you can make a profit, of say, how much a book? How in the hell can this Co, EVER give its shareholders, a decent return?
How will Wall Street, reward a Co that goes from zero revenues to say, $200mil, 500, 1bil, 10bil and makes a net profit of a $1.49?
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