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

To: CoffeePot who wrote (18725)	1/21/1999 5:14:00 PM
From: VLAD	Respond to of 27307

Very short term technical support levels on Yhoo: $232/share established on December 31. then $180/share established on December 4. If it breaks through that it's gonna get damned ugly as there is no real support until at $97.50 on October 9. After that $66.50/share as established on August 31, 1997. Now let's look at valuations as it pertains to price and future earnings expectations: Now assuming a share price of $66.50: 1999 FY estimates are for .70/share...that gives us a forward PE of 95 2000 FY estimates are for .90/share...that gives us a forward PE TWO YEARS OUT of 74. So based on any historic valuations as compared to earnings, a yahoo at $66.50 is still no deal. Not even close! The excuse that "yah but these are internet stocks and they are different" will not wash in the long run. Those buying that mentality are going to be hurting in a big way.

To: CoffeePot who wrote (18725)	1/21/1999 5:16:00 PM
From: Les Paul	Read Replies (1) \| Respond to of 27307

Greed has broke more individuals than it has made wealthy! This whole Internet frenzy has been something that most of us will not see again during our lifetimes. Remember to all... During the past 52 weeks (think about how short of a time period this is) this stock was at 28 and change. Is it immortal? Will it never test these levels again? I have no position, but I did lose a substantial amount of money shorting this stock while it was in the 100's. I covered and learned my lesson. I am happy for all the longs that had the guts to hold to the top and all the shorts that had the guts to short this animal after the most dramatic month in history. This stock will eventually be selling for 30 - 80 times earnings like all good growth companies. I sleep much better holding companies like DELL, INTC, MSFT, ALL, WMT, etc... Good Luck to All!