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


To: Smart Investor who wrote (20330)3/3/1999 4:45:00 PM
From: JayPC  Read Replies (2) | Respond to of 27307
 
Did anyone honestly think that anyone would pay CASH for a billion $ internet company? This is pure common sense. Danger Ahead.. hmmm... there is always danger in the market

This reporter says that Yahoo cannot afford 3.2 billion in cash... DUH!

IMHO everyone knows that the traditional ratios do not apply in the net sector. I'm not saying they shouldn't.. but clearly they don't This report seems to think "I broke the story, look out everyone." Well heres news to him... WE ALREADY KNOW! and many of us are still buying, investing in not just the price to earnings, but the mangement, the brand name, and its percieved future.

Jay



To: Smart Investor who wrote (20330)3/3/1999 6:31:00 PM
From: Dave Mansfield  Read Replies (1) | Respond to of 27307
 
Nice article Smart Investor, but still one man's opinion. For all the naysaying, the sector has still held up reasonably well. Until such time as this Yahoo/Geocities deal is completed and the results of it show up in the combined bottom line (which I'm sure will be a big negative - more shares outstanding and less earnings due to Geocities losses) it appears the diehards will be able to hold the price up at lofty levels. But once those numbers come out combined with what I feel pretty confidently will be a slow down in the growth rate in revenues, the plunge can ensue.