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

To: oldcrow who wrote (18831)	1/22/1999 2:27:00 AM
From: Howard Hoffman	Read Replies (3) \| Respond to of 27307

Your throwing numbers around shows that you don't really comprehend the concept of value. Do you really think posting pseudo-bearish garbage is going to influence anyone? At $50/share, YHOO would still be a richly priced company. People can change out of YHOO as easily as they change their shoes. YHOO is increasingly seeing real competition. Their model is based primarily on banner advertising. I have a couple of web sites and have done some banner advertising. Most people ignore it. It is ok if you are selling ISP services, on-line trading, etc. YHOO is making money. The Internet is great. I buy more stuff on the net than most people I know. Who really thinks MSFT would pay $40 Billion for YHOO? So @Home "paid $7 million" for XCIT? Not anymore. Both stocks have dropped. How do you value YHOO? Based on what the last sucker paid? Momentum is a 2-way street. The more outrageous the upside deviation from value, the more violent the correction. Oh well. Tomorrow is another day.