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

To: Bill Harmond who wrote (4592)	12/16/1997 10:55:00 PM
From: Jim Ritter	Read Replies (2) \| Respond to of 27307

Arguments against Yahoo and other internet stocks. I think there's two kinds of internet stocks, the fantasy ones because you can't figure out how much they'll make (Amazon, Yahoo...) and the ones that have made money (Etrade,..). As soon as ETrade started to make some real money, they were hit with tons of competition from other companies because the cost of entry into the internet was so cheap. That's when people put the pieces together and the stock tanked. Why won't this happen to Yahoo? As soon as they start showing good returns, they're going to get hit with competition from everyone on the planet. (This argument goes against Amazon also.)