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


To: Webfoot who wrote (15186)11/12/1998 11:45:00 PM
From: Roger A. Babb  Read Replies (3) | Respond to of 27307
 
Webfoot, you are missing the whole point of YHOO. It is not about revenue or earnings, these will never amount to much. They have created a new commodity call average daily page views which they are selling to investors. Advertisers are NOT the yhoo customers. We the investors are their customers and the product is stock shares with price pegged to page views.

The price will just go up, up, up as page views are inflated by game playing and robot clickers. No one cares about ad revenue or earnings, it only matters what price the shares can be sold to the next investor. Currently each share is worth almost two average daily page views, wow!

(yes, I am short)