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

To: Lizzie Tudor who wrote (15089)	11/10/1998 7:00:00 PM
From: Smart Investor	Read Replies (3) \| Respond to of 27307

Hi Michelle, You had some good point about the TV shopping channel. However, I do not believe Net shopping will ever replace big wharehouse like COSTCO and SAMS. We have COSTCO and SAMS going up and left in our region. I think these people are smart, they will not build huge stores if they think the Net will replace them. Net shopping will continue to be a hobby for a small fraction of the population. With a corporate office on the "2nd floor" of some rented building, YHOO can hardly justify the current insane valuation, and be compared with MSFT which has never been in this kind valuation.