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

To: Bill Lennon who wrote (15948)	12/11/1998 11:44:00 PM
From: larry	Respond to of 27307

Was the market aosl right on IOM & ZITL when they were traded 20 x plus from their respective current levels? I am not saying that YHOO! is going to behave like those two, or some other prominent flops, but on this early stage, YHOO!, and to a greater extent, AMZN, are both concept stocks with way too much hype over fundamentals. The question mark is whether they will really deliver in the future? I doubt it, especially AMZN. As far as the relationship between EGRP, YHOO! and softbank, don't blame those guys. Lots of these net companies practice aggresive accounting and little business tricks. The bottomline is, the market is making new highs and companies need to at least show a bit profit growth. YHOO! is no exception. It needs to show investors a nice earning growth, regardless whether the number is meager or not. Surely YHOO! can spot a nice PE of 1000 in 5 years when this issue makes a cool $2.5 yearly. That's a cool 1200% return within 5 years, not particularly YHOO! style, but will definitely outperform the index by a wide margin. The best company with free service and need tricky business practice to ... larry!