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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Apache Indian who wrote (23556)	8/6/1999 5:38:00 PM
From: paulmcg0	Read Replies (1) \| Respond to of 27307

The general public really does not understand how brokerages use their analysts recommendations. It's a sales tool, plain and simple. The broker acquires stock for inventory, then has their analyst recommend it. After that, they send out newsletters and get on the phone to try and push that stock. The brokers at that brokerage often get "spiffs" (incentives on top of their commissions) if they can convince people to buy the stock the brokerage recommended. Brokers call these stocks the "flavor of the month".

To: Apache Indian who wrote (23556)	8/6/1999 10:05:00 PM
From: Jeff Dryer	Read Replies (2) \| Respond to of 27307

Goldman might put it on its recommended list, but I dont think they are buying Yahoo at these levels. At a mkt cap of 27 Billion it looks pretty expensive here. But then ANALysts are know to give Buy recommendations at the highs and HOLD recommendations at the lows. Agree. My guess is Goldman Sachs is playing games. Yahoo's market cap is about $40 billion. According to the most recent earnings report, there are 263.8 million fully diluted shares which puts Yahoo's market cap at about $33.5 billion. Including Broadcast.com (shares and options), Yahoo's market cap is about $40 billion.