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: Larry Ricker who wrote (2187)	10/27/1997 1:21:00 PM
From: Bill Harmond	Read Replies (2) of 27307

The picture certainly has. However I'm looking for things to buy, rather than sell. As long as the bond market stays positive, I think the stock market should be OK. Morgan Stanley's US strategists think that stocks should not stay delinked from bonds for long. The S&P was overvalued relative to bonds by about 17% a couple weeks ago, now it's about 6% as the S&P has gone down and bonds have rallied. The key is to stick with stocks with top-line growth. I just picked up some Yahoo at 41 1/8, but am keeping alot of dry powder.

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