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

To: Bill Wexler who wrote (3683)	12/5/1997 6:48:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 27307

Market cap now stands at $2.8 billion. Let's see... You can buy JBIL (a momentum stock which fell from 72 to 43) and have $1.2 billion left over. You also get $1 billion is sales and $50 million in earnings. You can buy AFCI (a momentum stock which fell from 43 to 28) and have $750 million left over. You also get $230 million in sales and $30 million in earnings...not to mention a more impressive growth rate than Yahoo. You can buy half of ASND (a momentum stock which fell from 80 to 28). You also get $1 billion in sales and $150 million in earnings. Without a doubt, yahoo is the most expensive stock I have seen in a very long time by any valuation metric. Bullsh$$t hype about this company has driven it to levels which are unsustainable.

To: Bill Wexler who wrote (3683)	12/5/1997 9:06:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 27307

I don't know Bill, I never thought AMZN would get to $66 either. At that point that one bookseller was getting very close to the market cap of all the Barnes and Noble stores! YHOO has been very kind to me in comparison.

To: Bill Wexler who wrote (3683)	12/5/1997 9:13:00 PM
From: larry	Read Replies (1) \| Respond to of 27307

Agree with most of what you said. I have begun to short YHOO today and will continue to short more if its price goes up. Last time I checked my account, only when YHOO rise to more than $400 will I get market call so I am pretty safe. I do agree with you that YHOO should be traded in the 30s in the first half next year. I am not sure when, though. Also I think that it will rise higher in the next several weeks which gives me a great opportunity to load up more. I have made money by longing YHOO in the past but the price is getting ridiculous compared with its fundamentals. I am also wondering how long can the inter-market trader supports this baby. larry