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: James Young who wrote (16230)	12/22/1998 7:39:00 PM
From: Smart Investor	Read Replies (4) of 27307

YHOO will never be added to any index, let alone SP500. With a float of less than 30 million (1/3 of the total shares), there is no way it will be added to anything. In my view, it is absurd to have a stock traded like crazy but only 1/3 is float. If it is a public company traded on NYSE or NASDAQ, there should be some requirements that at least 75% of total shares should be in float. Otherwise, go home and have it as a private company. A company should not be allowed to have it both ways. This will avoid the huge volatility in some of theses stocks. I said all along, if one wants to have Net stocks in their portfolio, buy AOL and MSFT. Even though all net stocks are probably overvalued, YHOO is just extremely overvalued. At the current price, AOL is valued at about 1/4 of YHOO on per user basis. AOL and MSFT are the real future of the Net. YHOO is just passing by.

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