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

To: ratan lal who wrote (17929)	1/15/1999 4:54:00 AM
From: Howard Hoffman	Respond to of 27307

It's responses like yours that reinforce my conviction that Yahoo is going down big time. Yahoo may only need 2 years of doubling of earnings to equal per share earnings of HWP. However, HWP was selling for around $70 per share last time I checked. And a couple days ago, YHOO was selling North of $400, with the fools on this board buying in hopes of 500 or 600 or whatever. Go read the posts. Happy Girl is still asking for 510! So, how long do you think YHOO's doubling of earnings would continue? Forever? The downside risk on this stock is incredible. Considering the shape of the market, YHOO dropping only 24 yesterday was like a victory. Within a couple of weeks (if not sooner) you should be able to buy this balloon for $200 a share (pre split price). Then it could easily go down to $100 or even lower. No responsible fund manager will touch this thing now until the dust settles. But, the Internuts will keep saying that YHOO is a great buy as the price spirals downward out of control. If YHOO gets down to 50 and stabilizes I think I will buy. This co. is not MicroSoft. MicroSoft could destroy Lotus, WordPerfect, Borland etc because they have a de facto monopoly. YHOO has a "standard" that anyone can change about as easily as they can change shoes. They may be the best at what they do now, they may finally be making a profit, but this is no MSFT. If the Dept of Justice were not finally taking on MSFT in a serious way, then MSFT would probably be eating into YHOO's lunch already. So far the retreat has been relatively orderly. No gaps down. If YHOO rallies, and it might, you should consider it your last good chance to bail. No guarantees though -- it could go to 800. This post is nothing but one person's opinion. The opinion that really counts, the market, can go both ways. We shall see.