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

To: Director who wrote (24255)10/10/1999 10:44:00 PM
From: Bill Harmond  Respond to of 27307
 
Sure it will. AOL was justified, and it was just as expensive.



To: Director who wrote (24255)10/10/1999 11:11:00 PM
From: Randy Ellingson  Respond to of 27307
 
Valuation this high (768.50) will never be justified.

If you worry about current PE's, try instead to gauge Yahoo's future earnings to get an idea of the future PE. Even a pretty conservative growth rate would have Yahoo's PE at this price a year from now at <250, and it will still be in an increasingly powerful position in the Internet space.

Randy


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