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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: daniel yeung who wrote (20696)4/1/1999 12:29:00 AM
From: Jing Qian  Read Replies (2) of 27307
 
Daniel, In the short term YHOO may be affected due to lack of understanding of YHOO's move by the general public. Most investors bought YHOO to make some quick bucks. How many truly understand where the Internet is going in the future? Very few. Buying BCST is of paramont importance for YHOO. This move is YHOO's most important move into the broadband age which is starting. Granted, YHOO's profit will be squeezed for some time. But the profit is squeezed for good reason. I would rather see YHOO expand themselves than showing profit. In this Internet revolution, A company should plow every penny they make into expansion. Showing profit is a sin. They will have ample time to turn profit later. Today's move reinforced my belief that YHOO will become the biggest media giant of 21st century.
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