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

To: Don Westermeyer who wrote (5362)	12/31/1997 12:46:00 AM
From: Rio Jangada	Respond to of 27307

Don, It seems to me that new high-tech companies face a very tough landscape of markets and competition. Most good start-ups get bought out. A few are determined to make it big and for them its a no-holds barred battle. They provide as much product as they possible can for as little as possible in order to gain market share and get brand recognition. They unmercilessly dilute their shares to secure their future with acquisitions, partnerships, and to buy top talent. The company must exploit its share price (locking-in new investors, partners, employees for the long haul) on the way up to secure its long term survival. Yahoo is following the same path as Netscape and its stock will follow the same pattern. (After having gained over 3X per share value the stock is now about where it was at the time of its IPO!) Nonetheless, Netscape has secured a reasonable chance of long-term growth. Just a reasonable chance. I support Yahoo! I use their product everyday, but as an investor I plan to profit from a coming downfall in their stock price. RJ