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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: geof who wrote (12567)7/10/1998 3:53:00 AM
From: Da Zipstah  Read Replies (1) of 27307
 
Don't know if this helps, but in Merrill Lynch's report of 7/9/98, institutional ownership was listed at 27.2% ("Softburp" does not yet seem to rank as an "institution") . While keeping his near-term rating at "neutral" and long-term rating at "buy", ML analyst, Jonathan Cohen, raised a number of questions re. YHOO's current valuation e.g. YHOO trading at 33x 1999 revenues vs. AOL's 6x. Said he would reevaluate his opinion if there is a significant decline in YHOO share price.

Aloha and happy investing,

Da Z
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