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

To: HG who wrote (16971)	1/4/1999 5:38:00 PM
From: Smart Investor	Read Replies (3) \| Respond to of 27307

I am not the kind of people who could change their conviction daily. I am convinced that YHOO is way overvalued, and I will not change until they can show me consistent good earnings for several quarters. With a projected earning of only $0.56/share for 1999, it is insane to have a stock price of $250 no matter how good the story people are trying to tell. I am also convinced more and intense competition are happening in the portal business. I recently switched from using YHOO Finance to MSN Money Central, and it is much better than YHOO. People may still get rich by buying Net stocks in 1999, but I believe it will not be YHOO or AMZN. I am trying to identify other stocks with more reasonable valuations.