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

To: upndn who wrote (14632)	10/11/1998 8:18:00 PM
From: Glenn D. Rudolph	Respond to of 27307

<<<YHOO: HAMBRECHT&QUIST increased estimate for fiscal year ending 12/99 from $0.46 to $0.60 on 10/08/98 >>> Gosh, that's just 15 cents/quarter average. The very same amount as they earned last quarter. Are they losing market share? I suppose they will now downgrade them to just HOLD.(sell) Will they wait a few days before they do that? I do not believe you understand. The stock value is the problem. The stock is presently trading at a 183 PE based on projected fiscal 1999 earnings. Does that make sense to you? Glenn PS Edit to this post. Sell side analysts almost never place a sell on a stock.