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


To: Bill Wexler who wrote (3116)11/23/1997 12:41:00 AM
From: fut_trade  Read Replies (1) | Respond to of 27307
 
Mr. Bill, there's no pleasing you!

Peter



To: Bill Wexler who wrote (3116)11/23/1997 12:50:00 AM
From: Rational  Respond to of 27307
 
Bill:

Isn't Yahoo in a "hyper-growth" phase? I think it is perfectly reasonable to pay $2.6 BILLION for a company which earned $200,000 in the last year and a half, and has only been in business about 2 years.

Even at a modest rate of interest of 6%, $2.6 bil will result in a perpetual stream of pure earnings of $156 mil per year!!! Many are following your buy recommendation, Bill <VBG>.

Sankar