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


To: Bulls who wrote (7769)3/3/1998 11:31:00 PM
From: Michael Collings  Read Replies (1) | Respond to of 27307
 
Bulls:

If you take out all the one time charges they made 4 cents last year. Projecting 35 cents this year and 66 cents next year. But I advise you to short at your own risk. Shorts on this stock have been beaten up pretty badly. I'm just a glutton for punishment. But I do maintain a lot of margin for this puppy dog. It really could get run up to $100.

The buyers are buying a 3 Billion dollar business model that had revenues of 67 million last year. Analysts love to quote on that business model and the eyeballs that look at 65 million page views per day.

Personally I always view a company by what kind of money they make and what kind of money they might make in then near future. But the real bulls are quoting the 5 year potential earnings to justify this price. Who knows in 5 years Bill Gates may own the world and I might be dead. Betting on 5 years from now when this company's stock price has already discounted it, just doesn't make financial sense to me. But what the heck do I know. Next week I may be crying like all the others that have shorted this stock based on fundamentals.