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: Original Mad Dog who wrote (15365)	11/20/1998 10:41:00 PM
From: Webfoot	Read Replies (1) of 27307

Good Points Mad Dog. Yahoo however should be thinking how long they've got this artifically high stock currency to acquire some REAL businesses with real assets. Smith Barney Salomon's analysis of this recent runup shows the bulk of trades under 1000 shares, so they see it as genuine feeding frenzy of individuals who are not looking before they leap. Such feeding frenzy's are a classic market top signal. Maybe that's why Yahoo CFO Gary V. recently sold off 24,000 shares. Just possibly could be that Yahoo would announce a split in an attempt to keep the frenzy going long enough to close some acquisition deals. I don't know! Couldn't help but add 2 cents to your Amazon reference: Amazon certainly could be profitable if they'd pull back on their discretionary marketing budget -- around $24 mil last quarter. Bezos has done a good job setting expectations so he can invest in the business. Stockholders are not punishing the stock (!) for this strategy...why on earth would Bezos WANT to be profitable right now? Then he just has to KEEP being profitable, with growth. No, he's done a brilliant job at keeping Wall Street's focus on his TOP line, which is growing much faster than Yahoos (he has a direct business model and his databases are chock full of real people, not cute alias names).

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