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


To: Roger A. Babb who wrote (15468)11/23/1998 9:42:00 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 27307
 
So what that the company is less than 400 people and a few computers with little hope of ever generating substantial earnings.

Roger- I think I noticed you said you've been an investor for many years and have seen such stock action in the past. Have you ever seen the Internet as part of what drove that stock action? Do you not see any scenario by which Yahoo could justify it's current valuation within, say, five years?

Just as one example, I can see many scenarios in which Yahoo becomes the first and best global 'broadcaster', paving the way as a lead Internet content, entertainment, and services provider. How much could that entity be worth?

Randy



To: Roger A. Babb who wrote (15468)11/24/1998 10:00:00 AM
From: BradC  Respond to of 27307
 
<This is the Internet and it will only go up. The real business model is selling shares. Buy now!>

Thanks but no thanks. Like I said before a great day trader but at the end of the day there will never be a single share of YHOO in my portfolio (Long or short). Why bother owning the thing when you can buy in the morning sell in the afternoon and pocket $30+.

I agree it could go way higher, I also agree it could go way lower. As far as I'm concerned nobody knows where this is going, and until I can see a hard logical argument to justify valuation this baby will never sleep in my portfolio. I don't think Warren Buffet became arguably the most successful investor in history trading stuff like YHOO.

Brad