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


To: Da Zipstah who wrote (12898)7/18/1998 6:25:00 AM
From: Da Zipstah  Read Replies (2) | Respond to of 27307
 
>>Do you see any operating leverage here?<< Part Deux

Yes, but why is it a buy "at these levels" in July 1998? I think the stock price is possibly several years ahead of itself and far too handily assumes that such rapid growth can continue in such a competitive business with little or no customer loyalty. YHOO, despite their silly T-shirts, is in no way a brand like Disney or even AOL. I may be the only one, but I do see similarities with Netscape's Humpty Dumpty act. And call me paranoid delusional, but I believe the current run-up has everything to with a "short squeeze", and nothing to do with the stock price discounting YHOO's future prospects. Thank you though, for a "reasonable" stab at the bull case.

Aloha and happy speculating,

Da Zipstah