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

To: Zebra 365 who wrote (8265)	3/11/1998 9:29:00 AM
From: yard_man	Respond to of 27307

Aw, whadaa they know? Are the afraid of making money or what? <VBG>

To: Zebra 365 who wrote (8265)	3/11/1998 9:30:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 27307

It's closer to 70 times trailing 4 quarters sales. If the price stayed the same as it is now after the next quarters earnings are reported it would be around 50 times sales.

To: Zebra 365 who wrote (8265)	3/11/1998 9:40:00 AM
From: RDH	Read Replies (1) \| Respond to of 27307

It seems like another classic case of analysts stinging the little guy. For the past few weeks institutions have been accumulating YHOO, driving its price up. Then many analysts come out toting internet stocks. At this point the little guy gets in -- YHOO goes above 90 and it is at this point that instirutions start selling YHOO quickly drops to 84 5/16 bounces back to 87 to 88 (little guy buying)and then this morning starts its decline back to 60 or less. These analysts should be thrown in jail -- they are just trying to manipulate the price of YHOO so they and their institutions can make some short term money at the little guy's expense. Don't we have laws against this? ===== YOU WROTE: ===== Mark Usem, an Internet analyst at Salomon Smith Barney, says: "These companies have little liquidity. They're very volatile, and so if a few managers put money there, it can drive the stock up wildly." What that also means, he says, is that the stocks could plummet just as easily as they have taken off in recent days. "We think the stocks have gotten ahead of themselves. And people are not buying these stocks for their fundamentals," Mr. Usem says. Valuations are lofty indeed. Edward Petner, president of Lynch & Mayer, says: "Yahoo is the most expensive stock I have ever seen." The Internet search engine trades at an almost unheard-of 54 times its revenue for the past four reported quarters, he says, when a more normal level for a growth stock is 10 times trailing revenue.