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


To: Mama Bear who wrote (2601)11/9/1997 5:35:00 AM
From: Mama Bear  Respond to of 27307
 
Found the Barron's story, here's a little snippet concerning Yahoo! in a conversation with Paul Wick, manager of Seligman Communications and Information Fund.

>>>Q: Paul, do you own any Internet stocks?
Wick: Actually, I think everything in this space would make my list of pans. The whole sector is outrageously overvalued. It's a shocking example of speculation gone overboard. In many instances, the barriers to entry are completely nonexistent. Some companies appear to have a reasonable, sustainable business model -- I think Yahoo! is actually an okay business. On the other hand, at 25 times what Wall Street is expecting for 1998 revenues, the valuation is insane.

Q: A little pricey, anyway.<<<

Good story, lot's of other stuff, might want to grab a copy. You might be able to read it at:

techstocks.com

FWIW

Barb




To: Mama Bear who wrote (2601)11/9/1997 1:17:00 PM
From: fut_trade  Read Replies (3) | Respond to of 27307
 
As I recall, Barron's has been blasting YHOO for quite some time now. It really doesn't mean anything. Of course, when YHOO gets tanked, a hell of a lot of other stocks are going with it! I'm nearly all cash now and waiting for a number of stocks to hit my price points. Patience is a virtue.

Peter