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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: memflyken2 who wrote (20828)4/6/1999 11:28:00 AM
From: William T. Katz  Read Replies (2) of 27307
 
memflyken2, I hear you and I agree. This is indeed an internet bubble mania, no question of that. There is also no question that if you (or me) had actually foresaw the mania, we'd made a hefty profit. That said, eventually there comes a time with every stock where people have to actually look at what they are paying for. In Yahoo!'s case, I'd like to hear a rational argument of how they justify something like a $50 billion market cap, now or anytime in the future. In other words, what will Yahoo! be doing in 2, 3, or even 5 years to justify a $50 billion market cap?

I'm seriously thinking of shorting this stock after letting it pop a little based on pre-split hype.
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