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


To: Jim Ritter who wrote (4560)12/16/1997 3:35:00 PM
From: Robert Sievers  Respond to of 27307
 
As happy as I am that you sold, Peter, I really want to know who actually owns this stock now. I can't believe that mutual funds are excited about these valuations, and I can't imagine any private investor not wanting to take a 4x profit.



To: Jim Ritter who wrote (4560)12/16/1997 4:46:00 PM
From: chmaj  Read Replies (1) | Respond to of 27307
 
Well, I have also never seen a more overvalued
stock. But don't forget that shorters have been
predicting its crash for more than a year now,
and they are day after day losing loads of money.
It is hard to find anybody on this thread who
admits to owning it. I still think there a massive
manipulation going on, and of course again I will
be laughed at for believing in conspiracies.
If I were to try and predict anything, I say that
yhoo goes up and up, till say 10 billion valuation.
The only thing that can bring it down is if some
investors (shorters) complain to sec about trading
in yhoo being manipulated by mm's. Otherwise, yhoo
is immune even to a bear market, and earnings are
not an issue, because they have almost none, and will
not have any substantial income for quite sometime.
Also, I thought I would not live to see yhoo having
a higher valuation than nscp. I obviously was wrong.