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: Bill Harmond who wrote (2645)	11/11/1997 6:46:00 PM
From: Don Westermeyer	Read Replies (1) of 27307

I'm pretty sure AOL will get punished again tomorrow. They continue to cash in on the high price of the stock, this time with a convertable bond offering. YHOO may drop in sympathy. I'm pretty sure the tech sector has entered into a bear market. That doesn't mean it will be a long one though. Intel is starting to show some leadership, but I think Q4 earnings won't be a blow-out and hence likely to dissapoint. I'm personally tempted to start acquiring some companies that have already been beaten down, like Intel. I wouldn't be suprised if the financial sector is next to take a tumble as it is more exposed to emerging markets than most of the tech sector. I AG does raise rates, that would IMO kill the bull for six months or so for sure. I don't think he will do raise rates, but I'm sure he is very concerned about the labor market now. Don

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