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

To: TARADO96 who wrote (25081)	1/8/2000 1:18:00 PM
From: 16yearcycle	Respond to of 27307

The older, bigger net companies,( yhoo, ebay, aol, amzn), have tended to sell off after e down to a level that is more in line with their growth rate rather than trading on split speculation, etc. Yhoo is now selling at 500x earnings, and is likely to sell off to a level of 250-325x earnings over the next 8 months. That would drop it from the current 410~, to about 200 again. I am not being negative about the company, I just think the stock has gotten obscenely valued again. I was a heavy buyer in the 180's and posted here at that time. I have sold my shares between 350 and 450 and now have July 440 puts. I could get crucified for a week or two but think we will see at least a drop to 330 before mid March, and another awful slide in the summer, as folks realize these companies are somewhat seasonal.