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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: White Shoes who wrote (933)7/10/1997 6:52:00 PM
From: Bill Harmond   of 27307
 
>>Ever heard of 'stay away from hot stocks in hot industries'?

Geek...

Did Peter Lynch really say this? I don't think he built Magellan by buying dead stocks in dead industries.

Of course high-priced stocks can suffer if interest rates go up, or their execution or competitive position erodes. Stocks correct all the time, but that's no reason not to own them when times are favorable. How else do you make serious money in the market?

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