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: Dave Mansfield who wrote (21707)	5/12/1999 8:39:00 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 27307

Dave, >> Perhaps but a p/e of 4 digits is not sustainable. Very reasonable statement. But how does it stay sustained for so long now ?? A year ago Yahoo was one tenth of its current market cap. Since then earnings have increased a very negligible amount. But its price went up ten-fold. Is there any explanation that does not make unflattering assumptions about share buyers ?

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