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


To: Don Westermeyer who wrote (2639)11/11/1997 1:37:00 PM
From: Bankceo  Read Replies (1) | Respond to of 27307
 
i HATE TO BE NEGATIVE BECAUSE YAHOO HAS SOME GREAT THINGS GOING.

THE STOCK IS GOING BACK TO THE MID 30S....NOT IN JANUARY...VERY POSSIBLY BEFORE THANKSGIVING. THE MOMENTUM INVESTORS ARE DUMPING STOCKS IN LIGHTNING FASHION WITH PE RATIOS ABOVE 100. YAHOO HAS NEVER EARNED MORE THAN A FEW CENTS PER SHARE IN ANY QUARTER. ANALYSTS PREDICT ABOUT $.10 FOR THIS YEAR. FRANKLY THE STOCK IS WORTH ABOUT $20; ASSUMING 200% GROWTH RATES OCCUR. I'VE BEEN SHORT SINCE 53. THIS IS ONE OF THE BEST SHORTS I'VE EVER SEEN. IF YOU ARE A LONG TERM HOLDER...SELL NOW AND BUY IT BACK IN JANUARY AT PRICES THAT ARE 30% LOWER.

THIS ONE IS A TREMENDOUS GIFT AS THE MARKET RETESTS THE LOWS. SELL SHORT OR BUY THE NOV45 PUTS. YOU WILL BE REWARDED FOR YOUR INTELLIGENCE.



To: Don Westermeyer who wrote (2639)11/11/1997 6:33:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 27307
 
I hate this market. It isn't just Yahoo. All my favorite names are in decline, not responding to good news, etc. Looks worse than April. Cash is king.