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

To: Dell-icious who wrote (11335)	6/23/1998 10:57:00 PM
From: The Vinman	Read Replies (3) \| Respond to of 27307

The only hope for YHOO is continued speculation and momentum players. That's it. If they were to be acquired the stock would get killed. Who in their right mind would pay 7 Billion for a company that has net 102 million in revenues in the last 6 quarters? In their latest press release they stated they will now post a loss for the year. Most due to charges but they also said they were seeing increasing competition and the possibility of slowing ad revenue. SEEK was down again today, the reason being is that the investment by Disney was actually below their current market price at the time the deal was announced. Why? Because they came up with a value for the stock and it wasn't at a premium as many had suspected. Don't kid yourself and think YHOO is a new age "media" company, it is nothing more than a search engine with ad revenue in an increasingly tougher and more crowded environment. Time will tell over the next year or so..... Vinman