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


To: Mike M who wrote (10659)4/28/1998 10:17:00 PM
From: craig crawford  Read Replies (2) | Respond to of 27307
 
<< Like PRST, Lutz' stock of the decade, any stumbling by YHOO, before earnings raise to level of stock valuation, and there will be blood in the streets... >>

Trouble is you won't hear any bad news from YHOO for a while. A$ND executed well for long enough that it got to $10 billion in market cap before coming back down. That is a price of $180 for YHOO.

<< Perhaps it will take sales of $600M to $1B and sustainable growth projections of 40% to truly justify this market cap..... Agreed? >>

$600M in sales could happen in a year and a half, maybe two. And this market doesn't care about justifiable valuations, it's a mania.

Only reason I'm not long is I think the easy money has been made in YHOO. I think the next 30 points are going to be hard fought, although not if the internets have a few more days like today. They even dragged my SPYG up from unch==>5% in the last hour.