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


To: john defreitas who wrote (24438)11/15/1999 9:16:00 PM
From: Danny  Respond to of 27307
 
As one of the biggest YHOO bull on this thread in
the past 6 months, I can assure everyone here that
we dont need a split nor any merge to see our YHOO
reach 300 in the next 6 months.

4 months ago, nobody believe my 6-months YHOO 200+
target. And I know they will regret once more
next year



To: john defreitas who wrote (24438)11/15/1999 9:25:00 PM
From: Director  Read Replies (2) | Respond to of 27307
 
Yahoo has been following AOL's...

price up since AOL announced a split. They are both approx. the same % from their 52 week high.

One problem for buyers of YHOO at these prices:
Yahoo! did not announce a split. Buyers are paying a premium by pricing in a split. This has happened on very low volume. AOL is already starting to show some weakness.

Make that two problems for YHOO buyers (at these levels):
YHOO's 52 week high of 244 was intraday and quickly came back to the 220's. AOL's high was less volatile.

There may be a third and even more important reason not to trust YHOO's price at this level:
Yahoo! is no America Online. If other portals are successful in "gunning" for Yahoo! (Lycos has already made some headway), then their all important stronghold on the "free" portal eyeballs will be dangerously diminished... their growth will not be able to justify future earnings and ridiculously high P/E ratio.