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

To: Ram Seetharaman who wrote (25228)	1/12/2000 8:02:00 AM
From: Philipp	Read Replies (1) \| Respond to of 27307

YAHOO! had solid earnings yesterday (as expected), proving that it is an excellent company and developing/expanding nicely in the long run (I personally do not use it since there are better search engines on the market, but for the majority of users I think it is excellent). The fact that it only announced a 2:1 stock split was also to be expected based on its history. YAHOO! is more interested in the long-term financial stability of its shares rather than the short-term gratification of momentum traders (reminds me of MSFT). This is a plus for long-term holders. The problem still remains that its share price is insanely overvalued. To support a value above 300 $, I thought that the minimum would have been 0.20 $ earnings, 200 million revenue and a 3:1 split. It got close to that, but I don't think the actual earnings are quite good enough to keep the present valuation and certainly not good enough for another upward push. By the way, last fall I saw one of the company bosses in a TV documentary on YAHOO! where he said that the share price was not an important concern and that he thought it was overvalued (at the time it was around 180 $). In short, YHOO is a good stock to own in the long run, but not at this price. (short since 450).