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: Don Westermeyer who wrote (4297)	12/13/1997 9:31:00 AM
From: santhosh mohan	Read Replies (1) of 27307

Don, thanks for that interesting article. Probably explains what is happening with YHOO and AMZN. Fund managers like Ron Elijah are getting creamed on the semiconductor and semi-equipment stocks and using the proceeds to boost their current highflyers. I'm amazed that the longs are so complacent in the face of blowups such as ORCL and EFII. It is not as if these Internet stocks have unanimous strong buy recommendations from the analysts. Wonder if there is a tacit agreement between management and the MMs and some key institutional investors that they will be notified about "bad news" before the general public. With a substantial portion of the stock being closely held and a small float, this scenario is quite feasible though probably illegal. I know, I know, the Internet changes everything and the cementheads just don't get it!

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