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: Timothy R. West who wrote (393)	2/5/1997 9:40:00 PM
From: david andrew phelan	of 27307

Tim, i will offer my .02 cents worth on 'what value do we place on yhoo'. you will have to take this with a grain of salt because i am very bearish on yhoo and ill admit im not always right. right now the market says the price is 33 7/8. i think that is about 20 bucks too much. to place this premium on yhoo is utter speculation in my opinion. the sector is very hot because of the 'percieved' growth potential. i think that competition and the general unpredictable nature of the internet sector very likely will bring us and yhoo back to reality. until the positive earnings are on the books to support a 34 dollar price i think the stock is vulnerable to some major corrections. i cant believe that any serious investor would pay more than 20 bucks for this stock. when the hype fades and the sentiment turns south i think yhoo will also. i know that when the market goes down like it did today with the nasdaq off by 25, i feel totally different than i did yesterday. like kinda scared. it makes me glad im short at these ridiculous prices. the longs have much more courage than i do. dp

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