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

To: fut_trade who wrote (2610)	11/10/1997 5:39:00 PM
From: Bilow	Read Replies (1) \| Respond to of 27307

Hi all; I seemed to have bought puts (Jan 40s = YHQMH) on this puppy at a pretty good time (Noon Thursday). I got em for $1.6875, and they are currently bid $2.625. Great product, I use it constantly, but they don't make any money, and they trade at a massive multiple to sales. Funny thing, has everyone looked at Yahoo's profile on YHOO? Here it is (as of 11/7/97): Management Effectiveness Return on Assets (ttm)-16.34% Return on Equity (ttm)-17.82% and Price/Book (mrq)19.39 Price/Sales (ttm)43.27 biz.yahoo.com I wouldn't be too proud of them numbers. Do the people buying this stock know what these numbers mean? I think they mean the stock price goes down. But there is always the Ferengi rule of Acquisition #162 Even in the worst of times, someone makes a profit. or maybe I should remember: #44 Never confuse wisdom with luck. -- Carl