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

To: Bill Harmond who wrote (3049)	11/21/1997 12:29:00 AM
From: Steve168	Read Replies (2) \| Respond to of 27307

Sorry to say YHOO is likely to make new high from technical analysis. I like to see it go down but that is not what the chart is telling me. I believe it will fall sharply someday, but we can see $65 easily from TA before the drop. I covered my short at 52. Good luck!

To: Bill Harmond who wrote (3049)	11/21/1997 2:25:00 AM
From: Bill Wexler	Respond to of 27307

You're right. Last quarter Yahoo posted $200,000 in operating earnings. However, I'm not convinced that the revenue accounting wasn't goosed. They also made about a million bucks in interest. Someday, they may actually make more in operating earnings than in interest. Let's see...if they ever report operating earnings of $1 million, then according to the "hyper-growth" theory, they should trade at 5x the market cap when they reported $200,000. Therefore Yahoo will be a $13 BILLION company. And just think...if they report $15 million in a quarter, they'll be worth about as much as Microsoft and General Electric.