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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: wiley murray who wrote (14334)10/6/1998 4:54:00 PM
From: OtherChap  Read Replies (2) of 27307
 
>AOL,YHOO both down today! Why the sell off?

Maybe because people are slowly realizing that a P/E of 822:1 (yahoo) is around 20 times higher than the market average?

For the non-math types out there, that means yahoo is currently trading at two thousand percent above the average Nasdaq stock in terms of P/E.
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