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: DAY TRADER who wrote (12521)	7/9/1998 7:29:00 PM
From: The Vinman	Read Replies (1) of 27307

<<The shorts will get their heads handed to them next week.>> Why? Please give me specific reasons why the internet stocks, after a spectacular run, should rally from here.(Besides the fact that they are the next global media conglomorates) I read an article today that shed some light on YHOO valuation. YHOO is now worth a couple of BILLION more than Dow componant Union Carbide, which generated 97 times more revenue than YHOO did last year. I know UC isn't in the fast growing internet market, but it could literally take YHOO 10 years to equal that type of revenue. Also, take a look at the charts, there has been major technical damage done over the last few days.... You can sit here all day and talk about revenue growth and the "potential" of the sector, but the fact of the matter is even after this earnings announcement YHOO is a 10 billion dollar company with less that $200 million in rev's for the entire year. I have a profitable short position which I didn't cover today at the close, I just can't see why I should. Investors that are short the stock don't "dislike" YHOO as a company. I think they are a great company in an exploding sector and I use their web site daily which I think is excellent, but the valuation is 100% absurd...... Vinman

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