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


To: Mikhail Rasolis who wrote (14951)11/4/1998 4:45:00 PM
From: stock_bull69  Read Replies (1) | Respond to of 27307
 
Mikhail,

That was a good one! LOL!!! By the way, whatever happened to the poster who claimed Monday's run up was due to YHOO announcing a 3 for 1 stock split after the bell? That was obviously not true as nothing has been announced as yet.

Steve



To: Mikhail Rasolis who wrote (14951)11/4/1998 4:51:00 PM
From: Smart Investor  Read Replies (2) | Respond to of 27307
 
Congratulations on making some money out of it ! However, I am even more suspicious of YHOO than ever before. Look at the Insider Sale list. I agree with an earlier post, it looks more and more like a scheme, and somebody will lose their shirt. How can a company command a price/sale ratio of 70 without making a dime so far ? We are talking price/sale ratio here, the price/earning has been negative all along. It is completely insane, and will definitely crash.



To: Mikhail Rasolis who wrote (14951)11/4/1998 5:18:00 PM
From: Smart Investor  Read Replies (2) | Respond to of 27307
 
For your information, my portfolio is doing great without having YHOO long or short. It is up 100% since January 1. Does the following statistics scare you? If you are investor rather than a gambler, then you should not even touch stuff like this ! I would dump any mutual funds that have stocks with this kind of valuations in its portfolio. It means the managers are not investing, but gambling with our money.

YHOO Statistics
Book Value (mrq) $1.56
Earnings (ttm) -$0.24
Sales (ttm) $1.70
Cash (mrq) $1.53
Valuation Ratios
Price/Book (mrq) 90.80
Price/Earnings N/A
Price/Sales (ttm) 83.85
Income Statements
After-Tax Income -$32.3M
Sales (ttm) $150.1M
Profitability
Profit Margin (*tt -28%