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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: radames who wrote (24318)10/18/1999 9:12:00 PM
From: t2  Read Replies (1) of 27307
 
Going from interest rates of 6% to 6.3% is not a big deal for investors in Yhoo. If the problem had been interest rates, no one would ever had bothered to buy internet stocks---even if rates were at 3%. It was not interest rates but future potential. In a high interest rate environment, the IBMs are going to lose market value not the internets. Remember last year in global financial crisis, it was the nets that held up very well.
Nothing is really any different this time around, IMHO.
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