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


To: Ram Seetharaman who wrote (25659)7/11/2000 5:30:53 PM
From: Junkyardawg  Read Replies (1) | Respond to of 27307
 
Just crossed $119 after hours and one heck of a lot of buying.
dawg



To: Ram Seetharaman who wrote (25659)7/12/2000 1:08:52 AM
From: anandnvi  Read Replies (2) | Respond to of 27307
 
> Stock is worth well over $ 150!

Please. You're raving. In case you didnt notice, page views have considerably slowed in growth, which suggests the unthinkable of a slowing Internet for Yahoo. The conference call and the press releases have both glossed over what should be extremely worrying for you as a long.

At $150 per share, the company is worth more than $75B at a P/E of over 500 - such figures make sense when the company is in a period of hypergrowth, not when slowing numbers seem to indicate maturity.

Short term, my humble opinion is that amateurs bid the stock and the sector up tomorrow in the first hour before we witness a sell-off later.

Anand