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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: Dave Mansfield who wrote (19442)1/30/1999 1:56:00 PM
From: Thomas C (Hijacked)  Read Replies (2) of 27307
 
Dave M, I agree there are huge barriers to entry in trying to compete against Ford. On the other hand, I am not so sure I agree that there are few barriers to entry in Yahoo's business.

The infrastructure Yahoo has already built up, including its international divisions are in my opinion substantial barriers to entry for any new start up. Plus with the Francise value that appears to be there, it seems like it is already too late for any new entrants.

The more and more I think about it, the more I realize that the economics of Yahoo's business are excellent, among the very best in the world. As long as Yahoo continues to develop the community strategy I think they will continue their dominance.

Try not to think of Yahoo as a technology company, think of it as 'the worlds newspaper'. And owning a newspaper business is like receiving a royalty on every business in the world that wants to advertise.

tc
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