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

To: BradC who wrote (15459)11/23/1998 7:45:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 27307
 
Everyone agrees that the current YHOO valuation is insane. It may drop like a rock tomorrow or later. It is not a question of if it will crash, it is just a question when it will crash. Personally, I think the short will get their revenge very soon. The MM's may also want to dive it down to make more money on the other side.



To: BradC who wrote (15459)11/23/1998 9:10:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 27307
 
Brad, this is not about revenues! Forget that old fashioned crap. Yhoo stock is worth whatever people are willing to pay for it. So what that the company is less than 400 people and a few computers with little hope of ever generating substantial earnings. So what that sales are only $150 million compared to a $20,000 million market cap.

This is the Internet and it will only go up. The real business model is selling shares. Buy now!


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