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


To: PAL who wrote (9236)4/7/1998 8:03:00 PM
From: Zebra 365  Read Replies (3) | Respond to of 27307
 
I'm going out on a limb here. Usually do not make short term predictions on stocks.

But the price of YHOO has absolutely no relationship to its current earnings. Anybody who can put forth a rational argument to the contrary, I'd love to hear it.

So, I think earnings will be a sell trigger, no matter what the number. In fact, I expect YHOO to beat the estimates by 50%, come in at 0.06, and promptly lose a billion or so in market cap.

Saw it in the tech stock correction in July 1996, the set-up is very similar.

Good luck to all.

Zebra