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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: IKM who wrote (4862)12/22/1997 2:45:00 PM
From: PeterGx   of 27307
 
Good points! Thanks.

<<Point one: internet advertising stocks (YHOO, AOL) have benefitted from the exodus of capital from tech stocks seen to have greater exposure in Asia. (EOQ)>>

I would think that the continued Tech Stock carnage would have provided some "buying opportunities", thuz raizing the opportunity cost of capital and fascilitating abandoning a short position in YHOO. After all, why tie up funds and wait forever for YHOO to take a dive, when there are so many basement bargains out there (seemingly) with a better chance of appreciating than YHOO is of collapsing...(not to mention the better short picks)

The thought has crossed my mind..
(Unfortunately) I am just too stuburn and plan on sticking around for the ride down. It is a valuable lesson, though...
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