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: Randy Ellingson who wrote (19845)	2/9/1999 3:52:00 PM
From: Howard Hoffman	Read Replies (1) of 27307

Big money, little money. Who cares. Sure some fund managers will get burned along with all the small players. They make mistakes too. There still is very little volume in all of the e-stocks that I follow. This correction has a long way to go. In a couple of days, everyone will be asking themselves why they didn't take profits when YHOO was selling at 150. No guarantee, just probability. Oh, the funds? They don't put 25% of their portfolio into one sector (unless they are sector funds). How many of you out there have less than 25% of your portfolio in e-stocks? So, if a fund mgr makes a mistake on 5% of his portfolio, it hurts, but it does not ruin his week. By the way, if YHOO can keep increasing Rev by 50%/yr for 5 yrs, they will have Rev = $1.5B. If YHOO sells at 18x Rev, then it will be worth a market cap of $27B in 5 years. Uh, why would anyone really want to buy it today when it has Rev = $0.2B P/R = 185? MOMOMOMENTUM

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