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

To: gc who wrote (19395)	1/29/1999 6:59:00 PM
From: Dave Mansfield	Respond to of 27307

>>As AG testified today, if yhoo succeeds, it is still undervalued, if it fails, it is grossly overvalued.<< I don't necessarily agree. A company can be successful and still be overvalued and a company can be unsuccessful and still be undervalued. This is where most longs and shorts disagree. Perhaps Yahoo is a very successful company that is fairly valued at $150, but short term market sentiment and panic buying brings it north of $300. Yahoo's ultimate fair value is still difficult to measure. But if anybody can accurately predict what type of earnings stream they can develop over the next 10 years or so, it becomes a simple exercise. But not a single long takes a stab at sharing their expectations for this company. Just comments about a new paradigm and huge growth. That tells me very little about the most important aspect of any company? How much money do they make and how much will they? I'll buy the longs argument for the stock rising when they mention momentum, technical analysis, panic buying and such. But when they talk about a bright future for the internet and astronomical growth, I need to hear how much. I need expectations. Otherwise it's just more hype, which is fine as long as we call it such. Dave