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

To: Jeff Olson who wrote (11792)7/6/1998 11:56:00 PM
From: Smart Investor  Read Replies (4) | Respond to of 27307
 
No company is going to buy YHOO at the current insane valuation. If there is any weakness in the earning announcement, this stock will be cut in half in a single day. Even MSFT has never been traded at a Price/Sale of 85 times. This is completely mania. Anybody who is buying YHOO at the current price is gambling his/her money away. I predict that YHOO will drop by at least 25% within two weeks, and 50% within 6 months.

I want to say it again, it smells like PressTek, and will drop like a PressTek soon.



To: Jeff Olson who wrote (11792)7/7/1998 4:32:00 AM
From: craig crawford  Respond to of 27307
 
>> Yhoo market cap reaches over $9 billion today <<

Better recalculate. Try at least $10.5 billion, and that calculation is based on 53 million outstanding. Let's see how many more will be outstanding when results are posted wednesday. The 46 million YHOO lists in their profile is out of date. Go check some SEC filings to see the most recent figure.

I figure YHOO's market cap is around $11 billion today.


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