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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: Dave Mansfield who wrote (21712)5/13/1999 7:39:00 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 27307
 
Dave,

>> Once it becomes apparent that Yahoo cannot grow to
meet 400, 500, 600 p/e's those ratios will drop. And drop hard.
<<

Yahoo will have to digest geocities and bcst which were bought for about 30% dilution and have no earnings. So growth in earnings will be very small this year. And margins will be less than the 90% of Q1. So the numbers will not appear good. But maybe they will be excused as growing pains.
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