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: fut_trade who wrote (3674)	12/5/1997 5:39:00 PM
From: Don Westermeyer	Read Replies (2) of 27307

Pete, I hate to tell you, I covered 500 shares at $49 (still have 1000 shares short). I stated I was going to play the 'trading game' a while back. It's just like gambling in a casino! I guess that's not the same as going long though. One sure sign of an over-valued stock is when people talk more about how 'strong' the stock price is instead of how good earnings are. I will never be long this stock as long as the P/E is greater than the earnings growth. I'll just drag up the charts of ONSL and EGRP to give me encouragement in these days of pain! :)

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