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: Michael Collings who wrote (10406)	4/21/1998 1:08:00 PM
From: Andrew Fenic	Read Replies (1) of 27307

Yahoo most recently posted small profits. Historically, however, they have posted large losses. And, historically, Yahoo has been a money losing enterprise. Do you deny that? Even if we speculate that Yahoo will post consistent profitability from here on out they still do not come close to justifying their present market capitalization. Hence, a short position is obvious based on all the fundamentals. I also don't put much meaning in short term swings but I am happy with my $128 short position. I anticipate I'll make 50% on it in short order. You guys are pipe dreaming if you think we'll see $150. Yahoo can go no higher :)

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