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


To: scott harrison who wrote (2778)11/13/1997 11:30:00 PM
From: purecntry5  Respond to of 27307
 
You should be alright at that price...but shorting YHOO isnt for the faint of heart. And if I might also say since your fairly new to SI... take anyones advice or recommendations here on SI with a grain of salt. Usually you'll just get hype but occasionally you'll get bald faced lies and deception. Caveat Emptor is what they say...or in your case let the seller beware.... Disclaimer: my opinion. o):-)

Cowboy Brett



To: scott harrison who wrote (2778)11/13/1997 11:51:00 PM
From: Douglas V. Fant  Respond to of 27307
 
scott,

Yahoo actually IMO is a great company and at the right place at the right time. However that said, my technical service ascribes a book value to Yahoo of $7.16/share, yet it sells for $45/share.

Now what makes up for that gap between stock price and the book value? the same may be said of other Internet Search Engine companies such as LCOS and XCIT (although one broker came out with a buy recommendation for XCIT today).

As to Netscape-their situation is different. The Internet companies are great companies- just a bit overvalued. Netscape on the other hand may be getting "chewed on" by the "Big Dog" of the industry during browser wars....

Sincerely,

Doug F.