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

To: paulmcg0 who wrote (15106)	11/11/1998 2:53:00 AM
From: Dwight E. Karlsen	Respond to of 27307

Easily. All it takes is a stumble and doubts about sales momentum. CSCC gapped down 22 pts in Oct. of '96. Then dropped another 20 points or so in the ensuing weeks. But it had a small mkt cap and "reasonable" PE, so it didn't have near as far to fall. When it gets right down to it, what is Yahoo really selling, besides advertising? How does the investing world value a normal media company? It's not like YHOO has performed or ever will perform miracles (well, except for executives who hold stock option grants.)