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

To: Keith J who wrote (8823)	3/26/1998 3:52:00 PM
From: Bill Harmond	Read Replies (3) \| Respond to of 27307

>>So why is there a 4-4.5x difference in market cap? I think the Street now believes that Yahoo has taken the category. When that happens, the leader can have a market cap as large as all its competitors combined.

To: Keith J who wrote (8823)	3/26/1998 6:01:00 PM
From: LoLoLoLita	Respond to of 27307

>>BTW, XCIT chat is a whole lot better than YHOO chat, Keith, Thanks for responding to my findings on my.excite.com. Have you tried their stock graphing? It lets you chart intraday prices on a bunch (maybe 8 or so) stocks in the same graph, and also the intraday indices, as well as moving averages on the daily and longer plots. Now that sure beats what Yoohoo? offers for graphing! Yoohoo? better spiffy up their screen, because it looks positively drab compard to excite's. YHOO and XCIT reaching parity? The way the market's been acting lately, all of us shorts have to consider the possibility of XCIT rocketing up to over $100 to match the $126/user valuation of YHOO. Impossible? Anything's possible. My own strategy with being short YHOO is to stick it out. Some time in the next few months we'll see a broad market selloff--it's been happening about twice a year recently, and the last one started last October--and then i'll be able to cover at a profit. The YHOO short position serves two purposes for me: the excitement of trading the short side, and a hedge for my long portfolio against a general market collapse. I expect a 1/3 retracement from the current high, to the low 60s, and i'll probably cover at that point or go to close stops. If this doesn't happen soon, i'll stick it out, and can afford to pay the margin interest for a year (worst-case, IMHO) even if the full next year's price averages over $100/share (pre-split). YHOO would have to go to over $300 before i get a margin call. i believe that to be unlikely in the next year. even the most bullish longs here should agree that we'll probably see YHOO at $62 before it goes to $300. David