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

To: Dave Mansfield who wrote (15454)	11/23/1998 8:51:00 PM
From: chuckie	Read Replies (1) \| Respond to of 27307

Just for your info. I recently bought an airline ticket on Yahoo!, seated myself and got the ticket in 3 days. The cost was better than a travel agent. By the way, Yahoo took a small fee. So, be careful what you say. This internet craze is overdone for sure, but don't be so sure that these companies are not worth their valuation.

To: Dave Mansfield who wrote (15454)	11/23/1998 9:18:00 PM
From: Randy Ellingson	Respond to of 27307

Yahoo overtake AOL's market cap? Possibly, but I believe the bubble will pop well before that. Also, just think of all the "real" companies Yahoo must pass up to achieve that goal. Think about it another way. Think about a company like Caterpillar. They actually make a product. They have billions in sales. Billions in assets. They earn over a billion a year. They have about the same market cap as Yahoo does right now. Do you think it makes sense for them to sell their company and buy Yahoo? I'd say Caterpillar probably should trade for Yahoo. They'd be in a high growth field with far greater potential in a far more people-oriented business. I'm more of the opinion that this is not exactly the flimsy bubble many think it is. I think over the next ten years at least, we'll see nothing but remarkable growth from Yahoo, into aspects of information business that we can't quite conceive of today. That's not to say yahoo's stock price won't have some down time (possibly even a year or more than a year). Valuations are harder to reconcile with each passing $1B, but investors have made the statement that "we now realize how big e-business will ultimately be (though we can't put hard numbers on it ;-). So AMZN and YHOO aren't cranking out the big bucks, we don't care because they are clearly in the lead on the way to unimaginable business wealth. The lead has mattered so far, and will likely matter for many more years." Ultimately competition will count for more, but so far those who have been first and done well enough to grow quickly have won the rights to continue with all eyes on them.