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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: stock_bull69 who wrote (14942)11/3/1998 1:21:00 PM
From: David Spruiell   of 27307
 
Something like this happens every year, two years ago it was the disk drive stocks and last year the oil drillers. Now the internet stocks are the wall street darlings. Every analyst in the country had strong buy recomdations on these groups while their traders were shorting it at the high. We must all realize that the market is not here for us, but for the big brokerage houses in New York. They look at $14 Billion in over valuation as an opportunity to beef up their own end of year bonus checks.
Like the DD sector and the oil sector, overvaluation always falls to the proper value.
Vector Vest YHOO value is $18.50
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