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


To: Oeconomicus who wrote (13735)9/10/1998 11:39:00 AM
From: marion (Hijacked)  Read Replies (1) | Respond to of 27307
 
A 13G was filed today stating that as of August 31, Fidelity owns 4.83 percent of Yahoo stock. They used to own over 10 percent.



To: Oeconomicus who wrote (13735)9/10/1998 1:40:00 PM
From: Jerry Miller  Read Replies (2) | Respond to of 27307
 
" Let's be generous and give YHOO a 50 PE..."

...let's not, and pretend we should.
a 50 multiple doesn't speak to the future of the Net.

as we see, 250 is more like it.
which means $115 is probably a little closer to reality.

for now, anyway.