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


To: Roger A. Babb who wrote (15476)11/24/1998 10:48:00 PM
From: LLCoolG  Read Replies (1) | Respond to of 27307
 
Roger,

Did I read that post right? YHOO would need a PE of 21 to be fairly valued?

I am not making any comment on the valuation of this stock, I am just here to see any comments about ONSL. But to subscribe to the Lynch philosophies of having to have "normal" PE ratios is archaic.

Nobody wants to miss the next big thing. When you have guys like Steve case going on CNBC (CEO of America OnLine for some of the older folks) and stating that he sees the internet as the new tool to change the world like the telephone and the automobile did, you will create a frenzy.

And if we are using the Net to do all transactions in 10 years, most routine purchases, and to research any information we wish to get, it will have succeeded as the telephone and automobile did.

I cannot believe I read the comment that Yahoo! needs $1B in revenue to justify its "valuation". I think you are on the wrong board, in the wrong sector, in the wrong generation.

I don't own this stock here, and would not buy the stock here, but would not even come close to concurring with your statement.

Regards,

G