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


To: Original Mad Dog who wrote (16996)1/5/1999 12:12:00 PM
From: Randy Ellingson  Read Replies (2) | Respond to of 27307
 
OMD-

I think you'll get burned in the market looking at sequential quarterly earnings for a company such as YHOO; earnings won't justify the market cap today. They are growing their reach and working to improve their services at a frantic pace, and spending the money that goes with that. Earnings are almost a secondary concern for them at this point (really).

Randy



To: Original Mad Dog who wrote (16996)1/5/1999 1:59:00 PM
From: Smart Investor  Respond to of 27307
 
I agree completely. YHOO is way overvalued and will decline. The main thing right now is trying to time it right, which proves to be difficult because of the small float and manipulation by many players (you know who are those players). I am betting YHOO will decline, but my bet is fairly small at this time. I will plunge in when I see a more clear sign of crashing which could happen in the 2nd quarter.

I believe many people will make good money shorting internet stocks this year. Again the main thing will be timing.