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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: trouthead who wrote (21797)5/18/1999 7:19:00 PM
From: Dave Mansfield  Read Replies (1) of 27307
 
If they wait until someone else proves they can make a profit it will be too late.

Perhaps, but it would appear that significant growth in profits will take place over a long period of time. Some of the folks here speak of 5 to 10 years. If that is the case, competitors will have plenty of time to evaluate the potential for profit in this business.

I also agree with you that Yahoo and others will make money on the net. They will make more than they are making now. My point being, why are you willing to pay $150 cash now for the opportunity to earn $1.00 per year a couple of years hence? Maybe? Or are your expectations for Yahoo in 2000 and 2001 greater than $1.00 per year? The analysts expect less.

Dave
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