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: craig crawford who wrote (10641)	4/28/1998 9:52:00 PM
From: Mike M	Read Replies (1) of 27307

Craig- <<People that paid $130 for YHOO thinking that they got a good price for a long-term investment better understand that long-term equals years, not months. Most of the buyers at 130 were mo-mo guys and shorts.>> Ah ha! On this we can fully agree! The price, by virtue of where it has gone, like PRST in years gone by, has gotten way ahead of itself....Even if YHOO is this fantastic company (which it may be) with a fantastic search engine (which I am dubious) it will take years for the earnings to justify a market valuation of $6B. Now I will go out on the proverbial limb: Like PRST, Lutz' stock of the decade, any stumbling by YHOO, before earnings raise to level of stock valuation, and there will be blood in the streets.....Of course, it goes without saying, there is already SHORT blood in the streets..... Perhaps it will take sales of $600M to $1B and sustainable growth projections of 40% to truly justify this market cap..... Agreed? Mike

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