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: Smart Investor who wrote (15092)	11/10/1998 8:30:00 PM
From: J. P.	Read Replies (1) of 27307

<YHOO can hardly justify the current insane valuation, and be compared with MSFT which has never been in this kind valuation.> "Smart"Investor, Who made the valuation models, and who set in stone that is how the markets must react? The economic Nobel prize winners from Long Term Capital? I think YHOO is going up in price so much not because of traditional valuations such as PE, but because of simple supply and demand for the stock. Lots and Lots of people want the stock, and none of the owners are selling. I've made some good money on YHOO stock, and is my money less green because the PE was "high". Ditto the above for AOL, which in my view will go up another 100 percent in the next year after the split, and I have money on it!

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