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: Bill Harmond who wrote (10662)	4/29/1998 1:11:00 AM
From: craig crawford	Read Replies (3) of 27307

>> This could be a phase Yahoo is entering. Calmer waters that just move along. Every once in a while you might realize, "Gee, I'm up another 50%." << I agree it is certainly possible, especially if shorts keep piling into YHOO. >> Some of the easiest money for the past year has been made owning AOL. No controversy, no volatility... << You mean no controversy until today when the stupid CFO told the street he thinks AOL is worth $150. That would be 170 times '99 estimates. Hmmm...I seem to recall during the Micron hype that they were supposed to earn $20/share. I seem to recall a year and a half ago people were saying INTC was going to earn $5-6/share this year. They'll be lucky to scoot by with $3. C$CO estimates were ramping up like there was no tomorrow, A$ND could do no wrong and networking spending had no end in sight---due to the internet. In fact A$ND was forecast to earn far more money in 1997 than they are currently forecast to earn this year in 1998! There were estimates for around $1.50/share for A$ND in 1997 and now the current estimate for 1998 is only $1.18/share. Those 170 times '99 EPS estimates better hold up Mr. AOL CFO.

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