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

To: JOHN CHEN who wrote (12281)	7/8/1998 9:35:00 PM
From: Roger A. Babb	Read Replies (3) \| Respond to of 27307

John, I have heard the "new and different rules for this industry" many times in many different situations over the last 32 years. In all cases the companies were either on the floor or trading at a reasonable PE within a year or two. Economic fundamentals have not been lifted for Internet stocks either, they are only being ignored at present.

To: JOHN CHEN who wrote (12281)	7/8/1998 9:41:00 PM
From: GkLove	Respond to of 27307

I wouldn't short it but I would look into buying some October Puts around 160- 180 if they get pretty cheap. The stock can not stay at this level. The downgrades will be coming in next week from all the houses. It had a good run but long term optimism of five years is crazy. The earnings are decent if the stock was 120. This company is to young to be moving this fast with virtually no numbers backing it at this price. This company will not make billions of dollars off of add revenues.