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

To: Michael Collings who wrote (11025)	6/9/1998 6:00:00 PM
From: Brooks Jackson	Respond to of 27307

Michael: Thanks for your post. I see it the same way you do -- the NBC/CNet deal is just more competition (how strong is doubtful) but NOT a signal that YHOO is a takeover target. Unless you and I are BOTH nuts and it is the market that is sane (also doubtful). Also -- it's worth noting that NBC and Microsoft have yet to make money on their MSNBC venture, last I heard. Ratings for the cable network were lousy and the web site was losing money and shedding employees. If anybody out there has later word on that, set me straight.

To: Michael Collings who wrote (11025)	6/9/1998 9:47:00 PM
From: Bill Harmond	Respond to of 27307

I agree with you that Yahoo is no takeover target, but your assessment of this latest acquisition misses the point that Yahoo is satisfying real demand by commerce hosting. It's money in their pockets. That this company makes no money (and involves a charge) doesn't matter any more than Yahoo's purchase of profitless Four11 was a problem...or dilutive. We have been hearing forever how Yahoo would tank as soon as a media giant declared itself...low barriers to entry and all that. There's no bigger giant than General Electric. Yahoo was up eight points today. SNAP was a failure, and GE has long to go before they have any presence in this space, regardless of expense. My guess that this puts Infoseek in play. Before you consider the 120's a good place to short, why not see what follow-thru there is. I'd wait to see whether the 12/26 MACD turns positive (which it hasn't), and then whether Yahoo breaks to new highs.