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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: CookiePuss who wrote (22999)7/15/1999 5:07:00 PM
From: Jeff Dryer  Read Replies (1) of 27307
 
Fidelity news could have affected both AOL and Yahoo today.

July 15, 1999, 8:00 a.m. PT

"Fidelity's Magellan fund, the world's largest mutual fund, dropped Internet service provider America Online and media giant Time Warner from the ranks of its top ten holdings at the end of June, Fidelity reported today."

news.com

If the World's largest mutual fund is selling its online media investments, then the whole Net sector could get hit, not just AOL.
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