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

To: HiSpeed who wrote (13930)	9/23/1998 11:11:00 PM
From: Raiders	Read Replies (1) \| Respond to of 27307

Hi HiSpeed, Aren't we getting little ahead of the game, lets look at this stock it has moved from 86 3/4 on Monday low to $118 that is $31 in three days. I can def agree with you that Yahoo is a company with potential but man this talk if it moves to $150 it will be crazy. I don't think so the stock is overvalued at this time the hype that took it down is the same hype that has taken it up. Look for a down day on Yahoo. People have to sell GREED has an important role to play. If you bought a 1000 shares@90 you would want to sell at 118 in three day that is a cool profit of $28000. Lets have a reality check on these stocks, when analyst's start saying that they don't care for earnings,valuations, just the future something is wrong. Earnings play an important role. Even if Yahoo earns .25 cents is the stock price justified, I don't think so. Remember the comment if Intranet business grows to 10 billion by year 2000 and we own 30 percent of that, this amazing company will generate 3 billion in revenues and the company stock should be worth $100. It never happened and the company was "Netscape". Who knows what the growth of the Internet Commerce will be? Mesauring a company profits by the number of hit sit gets on its home page is plain stupid. I don't know what this market will do and where these stocks are going to go but irationality is prevaling and it will suck a lot of small investors like us and in the end music will be played for our funerals. While the same institutions who are recommending the stock will be out and enjoying the profits. Remember one bad news and there is trouble ahead, no room for mistakes Raiders