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: Ravi Dronamraju who wrote (324)	1/28/1997 11:43:00 PM
From: Tom Hua	of 27307

Thanksfor giving extra confidence in my short of YAHOO. Frankly, I sincerely doubt that the institutional managers are considering P/S in buying YHOO. Microsoft has a p/s of 13, Netscape has p/s of 10, Yahoo should deserve a p/s of less than 5 unless it has a another product in the making which can turn sea water into milk and sand into gold. When it went public last year, the issue traded as high as $43 the first day, what was the p/s then? The fact of the matter is that YHOO and a lot of other internet stocks were in hot demand early 96 but then one by one tumbled. YHOO held up pretty well late last year. The recent surge (doubling from 18 to 36 in 2 weeks) was built on hype, rekindling last summer's heat I guess. That, too will fade. I agree that YHOO is unlikely to drop back to 18 in a week or two, it will take time just like last year. But I doubt it will hit 50. So come join us and short it now before the opportunity slips out of your hand :-). It's still not too late. Regards, Tom

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