Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Smart Investor who wrote (16089)	12/18/1998 7:46:00 PM
From: Nelson Chang	Read Replies (1) of 27307

>>>Some people got lucky and make millions by hitting the lottery. That does not mean they are better. Making money with stocks like YHOO and AMZN at the current level is more like gambling rather than investing. You can get lucky once or twice. However, if you gamble long enough, you will eventually give back all you have made. I think a lot of people have this kind of experience in a casino<<< Wow, you sound like you are happy with a 12% return a year. I disagree with you. Many people came across and invested in YHOO and AMZN after doing research into the fundamentals. I don't call that gambling. Second, anyone is a damn fool, in my opinion, if they are not making money in the internet sector. That is why so many money managers just starting to accumulate internet stocks. Finally, companies that experience unprecedented growth like AMZN and YHOO will receive unprecedented "valuations". That growth will not last forever, which is when it will end. But YHOO is now. And the future for now is the internet.

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