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


To: Harry A. Smith who wrote (12577)7/10/1998 5:01:00 AM
From: craig crawford  Read Replies (1) | Respond to of 27307
 
If you say so...



To: Harry A. Smith who wrote (12577)7/10/1998 7:37:00 AM
From: Philipp  Read Replies (1) | Respond to of 27307
 
Hi all:

I have been enjoying the excitement and the tension on this forum
for the last couple of days. Better than any soap opera.
I also enjoyed the combination of in-depth analysis, useful information, emotional outpourings and outlandish claims.

To contribute to the last point, my predictions for next week:

YHOO will drop by of order 20 points each day for the next couple of days, culminating in a blow-off to the $ 60 to $ 80 level (no typo!), followed by a quick recovery to the $ 120 level. Subsequent, intermediate-term sideways movement in the $ 80 to 120 range (not split-adjusted).

CAVEAT: some of the above is wishful thinking.

But seriously, I think that YHOO is properly valued at about $ 20.
As a long-term internet user and having watched the astonishingly rapid progress, I don't think that there is any real money to be made from search engines (most of them suck these days, not having been able to keep up with the exponential growth of the web and the rapid turnaround of useful sites) or portals. And I still have to be convinced that web advertising is profitable, apart from certain very targetted advertising. It is too easy to ignore them or to avoid sites that have too many. It would also be fairly trivial to write a little plugin that would eliminate them from your browser altogether. The only way YHOO can be profitable in the long run is by diversification, e.g. by also becoming an ISP (if they are not already).

Good luck to all, bears and bulls.