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

To: PeterGx who wrote (5032)	12/24/1997 10:31:00 AM
From: IKM	Read Replies (1) \| Respond to of 27307

Does anyone know whether the 1.5 million new shares YHOO filed an S-3 for in conjunction with the Four11 acquisition are included in the 6.5 million float currently reported? The S-3 was filed 11/5, with the intention for the shareholders of Four11 to be able to sell their shares of YHOO into the market through 11/98. If not included, it implies a 25% increase in the float during that time frame.

To: PeterGx who wrote (5032)	12/24/1997 10:57:00 AM
From: Robert Sievers	Read Replies (2) \| Respond to of 27307

All arguing aside, this has stopped being funny. I have made two major mistakes on this stock. 1. I started shorting to much (~15% my portfolio) 2. I should have covered when the stock broke through it's breakdown at $46. I refuse to make the third mistake of buying this stock back at $65/share. I don't care how great YAHOO is. Here is how any long should think. Let's say YAHOO revenues this quarter are indeed $.03 with ~$22m revenues. Now let's imagine those double every year for the next 5 years before flattening out. At that time, in 2002, they would have ~2B in revenues and $2/share profit. That would give them a P/E of 33, a little high, but reasonable for a growth stock. Somebody tell me why this makes any sense at all?