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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 (14416)10/7/1998 5:58:00 PM
From: Michael Collings  Read Replies (1) of 27307
 
Wiley: I also remember when AMZN said that they would not be profitable for the foreseeable future and that growth would slow and the stock sky rocketed. I'm short this stock because I think it is a joke that it has a market cap of 14 billion on earnings of 11 million (minus the money market interest). I don't doubt that it will continue to grow earnings but it is ridiculously valued and the market overall is in trouble. If it rallies on this news it will be short lived.
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