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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: Mikhail Rasolis who wrote (14056)9/30/1998 1:06:00 PM
From: craig crawford  Read Replies (3) of 27307
 
Oh, I get it now. I'm the idiot. I'm not the one suggesting YHOO is going to go up 2000% in the next two years the way it has in the last two years.

Let's see...2000% in the next 2 years times a $14-15 billion market cap. Hmm...I guess in 2 years YHOO will have a market cap greater than the current market cap of General Electric and Microsoft. Hmm...in two years YHOO should be valued twice what Intel is valued at today. Never mind the fact that Microsoft is approaching $5 billion in earnings while YHOO only has a couple hundred million in sales. Ignore the fact that GE has about 800 times the sales of YHOO and about 80 times as much in earnings as YHOO has in sales. Let's forget about the fact that GE and Microsoft have dozens of times as much cash as YHOO has in sales.

Yeah, uh huh. I'm the idiot...
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