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


To: Jan Crawley who wrote (15151)11/12/1998 12:02:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 27307
 
>>Yhoo is trade on "future outlook or future dream/fantacy

I find it impossible to believe that you think this is fantasy. The evidence is so clear, and there is no way that Yahoo has gotten to where it is based on day-trading. That notion is ridiculous, Jan. Recent statistics put institutional ownership at 80% of the float.

As far as "future outlook" goes, you're entirely correct. The stock market discounts the future. That's what the market is supposed to do.