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


To: LRS who wrote (3823)12/7/1997 10:11:00 PM
From: LRS  Read Replies (1) | Respond to of 27307
 
Hey doesn't Mary Meeker work for Morgan Stanley? She should check out some of her firm's work in Barron's:

"If a company's P/E is low relative to the anticipated annual rate of its earnings, it is taken as a bullish signal. In fact, Morgan Stanley did a study going back 11 years which found that stocks with low P/E ratios relative to growth rates significantly outperformed the market, while companies with high P/Es relative to growth fared poorly."

Copyright c 1997 Dow Jones & Company, Inc. All Rights Reserved.





To: LRS who wrote (3823)12/7/1997 10:13:00 PM
From: Rational  Read Replies (1) | Respond to of 27307
 
LRS:

Institutions are pushing this stock up ...

How can the institutions push this stock up at no cost? If they have to buy YHOO to push up the price, their cost can be higher than the profits from expensive calls. Isn't it?

Sankar



To: LRS who wrote (3823)12/7/1997 10:20:00 PM
From: fut_trade  Read Replies (1) | Respond to of 27307
 
More conspiracy theories?

I guess they are pushing Yahoo! Japan up too. Yahoo! has a high earnings growth rate to go with the high forward P/E. Why buy expensive calls when one can own the stock?

Perhaps if folks thought before they go too short, they wouldn't be creating conspirarcy theories.

Peter



To: LRS who wrote (3823)12/8/1997 2:47:00 AM
From: Bill Harmond  Respond to of 27307
 
>>Peter and William will tell us that this is just "smart" money out there buying calls priced at $20 bucks!

Please speak for yourself.