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

To: tonyt who wrote (17963)	1/13/1999 6:40:00 PM
From: bam	Respond to of 27307

You are responding to this message from tonyt on Jan 13 1999 8:31AM EST Then please tell me why you think that yhoo should have split at all. ---- I personally don't think it should have split at all, but there is no reason to split down to 200 (or even 100). Splits are an attempt to make the stock affordable to the small trader and All the splits I have seen have been down to the 30-80 range. IMHO, even the execs at Yahoo know that the stock is seriously overpriced and do not want to see a day when its trading at 15 (a very real possibility after a 5-1 split and some minor bad news causes an over-reacting POP). (to answer the other question: I am shorting the Internet in general. The industry is great, but to believe that the true winners have been even gotten their first round of VC funding let alone are public companies, is naive. IMHO, in 5 years, the Internet industry will be worth today's valuations but only a small number of the current companies will even exist then... barriers to entry are far too low)