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: freeus who wrote (19963)	2/11/1999 1:13:00 PM
From: Glenn D. Rudolph	Read Replies (3) of 27307

CATCH OF THE DAY: Yahoo left behind Everybody knew Lycos was in play. The rumors of its imminent acquisition were verified on Tuesday when Barry Diller's USA Networks announced its plan to take control of the portal and use it as the foundation of a new Internet media company. Does this mean that the game of musical chairs is now over? That there are no more deals to be done? That the hit the portal stocks all took today is the sound the market makes when it plays the "Game Over" song? I don't think so. The current climate puts the #1 uber- portal, Yahoo, into play. Even when the company's "turbo Yahoo" plan for broadband content is realized, Yahoo will not be able to continue its growth without a deal with a major media player. Of the media companies, CBS, Fox, and Time-Warner have yet to choose their Net dance partners. It'll be interesting to see how they react -- and how the soon-to-be spun-out AltaVista complicates matters. - Rafe Needleman, Editor

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