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


To: sheldon spivak who wrote (11503)6/29/1998 1:16:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 27307
 
No. SPLN is a very, very different situation. It is getting killed by the competition (ESPN and CNN/SI) and it is a single-topic web site as opposed to a universal content aggregator. Also the way SPLN is capitalized is much shakier. A large secondary was done near its all time high where insiders unloaded enough shares to increase the float 25%, also CBS has considerably lightened its position in the stock. It is interesting to note that Yahoo has a comprehensive sports site also. Stocks like SPLN, USWB, NYKI, etc. are the lousiest stocks you can buy in this sector. Another internet company with no future is DCTI - which is an outright scam.