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

To: Bill Harmond who wrote (6445)	1/14/1998 7:21:00 PM
From: yuedong wu	Respond to of 27307

Do you think a 190 % growth rate (past, not 5 years forward) can justify an 1000+ p/e?

To: Bill Harmond who wrote (6445)	1/14/1998 8:44:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 27307

I'd hardly call this quarter a blowout qtr. This stock is a balloon in search of a pin. One of these days, Yahoo will be in the 20-30 range, or much lower if WS applies the same fundamentals to this and other net stocks it has to others in the technology sector lately. To all those who are long, enjoy this while it lasts. I do not have a position in Yahoo, but am seriously considering establishing a short position since I have never seen a more grossly overvalued company. I'm not trying to spoil the party for all of you who are long. But c'mon, the fundamentals in NO way justify a price of even 50% of where it currently stands. This one will have its day, mark my words. When I cannot say, only that it is a near certainty to come crashing down. Regards and good luck to everyone long, Brian