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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%4:00 PM EST

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To: Bill Harmond who wrote (10278)4/18/1998 1:51:00 AM
From: Mike M  Read Replies (2) of 27307
 
William-

<<and for a stock with Yahoo's beta, there is little statistical difference between 107 and 121.>>

Do you see what you are saying? The statistical difference I see for just that $14/share delta is $600M or 6 times trailing annual sales....(60% of MSFT's PS in their high growth periods)...

Furthermore, the willingness to declare YHOO "the winner" astounds me...I just don't see this race over. I'm not even sure that the ultimate winner is even in the race, yet...

<<No one would be congratulating my bravery if Yahoo had gapped to 10 3/4 on its results two weeks ago, and had I then gone in and bought some more today at 12 1/8.>>

I would if there were 430M shares outstanding....Sorry, but overpaying is overpaying...Don't be holding the bag when the music stops.

Mike
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