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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: david andrew phelan who wrote (318)1/28/1997 8:50:00 PM
From: Ravi Dronamraju   of 27307
 
hmm... why dont you look up a prior message that explains YHOOs move
from the low 20s to low 30s based on the price/sales ratio?

I think I agree with that rationale.. It also seems to me that institutional investors are taking a position in YHOO right now.
( see the average daily volume for the past 3 weeks )
I dont think I can short any stocks when institutional investors are
getting into it, even though the market valuation may be 10-15%
higher than my valuation. ( my valuation is around 31-32)

Also, look at the competitors..
Xcit is bleeding like hell.. expected losses are 56c/share.
lcos and seek are loosing around $4mil/qtr or 15c/share.
All that might be required of YHOO to win the search battle is
to live longer...

R
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