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

To: tonyt who wrote (19916)	2/10/1999 11:01:00 AM
From: Howard Hoffman	Read Replies (2) \| Respond to of 27307

Lycos is down to 80 as I enter this message. That is down another 15%. Ratings were cut by Oppenheimer, Alex Brown, First Boston. It is very difficult to do a merger when one company has such an out of whack P/E, P/R, etc. That is why the deal was so complicated that everyone thinks (knows?) that LCOS had to admit that their stock was way overpriced. Is this good for YHOO? Hardly. Who is big enough to acquire a $37B (and falling) cap firm with P/E of 300 or whatever it is down to? Microsoft? Yes. Is MSFT management that stupid? No. Even if they were not dealing with the Dept. of Justice, I doubt that Mr. Bill would pay $140/share for YHOO, let alone a premium.