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

To: craig crawford who wrote (8171)3/10/1998 10:43:00 AM
From: LRS  Respond to of 27307
 
Craig,

You know better than to be shorting this stock. We will probably see 200 by the time earnings are released; when it comes to valuation in the internet sector, there is really no difference between 60x sales and 120x sales.

The best thing about it is that YHOO will release earnings of $.08 for the quarter and the stock will be at 195 and people will drop it by like 10 points. So we will be at about 600 times earnings. <ggg>

Logic does not work here.


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