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

To: Original Mad Dog who wrote (18067)	1/13/1999 7:44:00 PM
From: tonyt	Read Replies (1) \| Respond to of 27307

>I would suggest that YHOO may correct to around 300 Um...to where it was last week? BTW, it they had split 5/1 or 4/1 like they should have it wouldn't have gotten hit so hard today.

To: Original Mad Dog who wrote (18067)	1/13/1999 10:02:00 PM
From: Dave Mansfield	Respond to of 27307

Actually Maddog, I'm not using "when" instead of "if" because I'm emboldened. I've always meant when. Again, I can't be absolutely, positively sure of anything. But Yahoo crashing I put in the 95th percentile. Interestin comments about "bellweather" and "valuing" these stocks. The recent recommendation from (the name escapes me) saying Yahoo at $500 in the next 12 months and EPS in 2000 of $1.15 confirms my feeling of the crash. This guy is bullish. And he predicts EPS of $1.15 in 2000, not 1999, but 2000. So within 12 months (end of '99 or beginning of '00) he expects $500 equating to a 12 month "forward" P/E of over 430. This type of irrational thinking reinforces my confidence that a dump is forthcoming. Face it, it's all hype. P/E's of 400+ a year or two out? No way Jose. MJ's career after basketball? Raising his kids.