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: HG who wrote (15547)	11/24/1998 9:23:00 PM
From: Dave Mansfield	Read Replies (1) of 27307

>>A good starting point could be - what have we learned so far about YHOO thru the discussions held here ?<< Good question. The one thing I've learned is that the stock doesn't trade rationally. It appears it will continue to do so into the foreseeable future. Rationality will return but I don't know how or when. The how can come about in one of two ways. Either revenues and earnings grow at such a significant rate as to justify these wild valuations proving that the longs were right in their prospects for the company. Or the price gradually or suddenly declines to a level supported by the current and expected revenues and earnings. Could be that a combination of the two occur, a substantial improvement in fundamentals accompanied by a reduction in price, but I think it will be one or the other and my bet is on the bubble popping. The when is anybody's guess but I'll say probably next year, January or February at which time some of these fantastic gains can be delayed into the next year. Dave

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