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


To: HG who wrote (19246)1/27/1999 5:31:00 PM
From: Smart Investor  Read Replies (1) | Respond to of 27307
 
Because I hate it! Management purposly disappointed its investors by doing just a 2 for 1 and declared that their stock is 100-150 points too high. I think they did the right thing, but I lost money because of it. Besides, it is just TOO EXPENSIVE right now relative to revenue and earning. Other portals having a market cap of a couple of billions may get bought by some big companies, and have a chance of a gap. However, YHOO at a market cap of 30-40 billions and having similar viewer numbers as XCIT and LYCOS, nobody will waste their money buying YHOO. Therefore, I think YHOO is dead for a while. There may be ups and downs, but not much overall appreciation potential. With those ups and downs, the MM will probably clean every YHOO's investors pockets. I got picked by those guys once, and I will not be so foolish again. No LONG or SHORT with YHOO, just stay away.