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: Kevin F. Mathis who wrote (349)	1/30/1997 12:02:00 AM
From: Mighty_Mezz	of 27307

They may be doing well with Iomega, but you can bet they took some profits at some point and bought back in after the fall. Many got caught up in the emotion and hype, bought in after it was already overvalued, thinking it was going to keep going up forever, and got hurt pretty badly. It is dangerous to get caught up in emotion in a high flyer. Here's a quote from the IOM thread from last May: >>5. Price will hit 100 this year, another 3/1 split. Price will then stabilize around 100 presplit for a while before taking off to 200 in 1997.<< I am certain the writer, and many others truly believed this, and kept on buying, and are shocked that IOM is not selling for $75 dollars today. I want us all to get rich, you see. :-) if anything, YHOO is volatile and should be played with caution, whichever side one is on. Good luck and good trades.

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