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: damniseedemons who wrote (2407)	11/4/1997 11:36:00 PM
From: Brent D. Beal	Read Replies (2) of 27307

***Peter, I'll hold YHOO indefinitely--until something fundamentally changes for the company (I'm not above short term trading, however, but I'll keep it overall). So depending on the news, I may sell next week or next century :) I was going through some old Iomega posts on the Fool the other day and this quote is almost verbatim what a number of Iomegans were saying about the company's fundamentals when the stock was in the 40s--you know, how the Zip was going to take over the world and the company's fundamentals were solid and until something changed, price be damned, they weren't going to sell. I'm long IOM and I think it's a great company, but those guys are still under water. In six months or so when IOM finally climbs back up to its lofty heights of days gone by, after about 2 years in the crapper, I'm sure they'll be saying they've been vindicated. In my opinion, the guys that sold at $50 and then bought back in 3 months later at $15 are the smart ones. . .

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