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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: fut_trade who wrote (4411)12/14/1997 4:29:00 PM
From: Bill Wexler  Read Replies (2) of 27307
 
Overvaluation will push Yahoo over the cliff!!

You see Peter...momentum investing is nothing more than gambling. Gambling relies on luck.

Another problem is now brewing for Yahoo. As I mentioned previously, no matter what Yahoo reports next few quarters it will not be able to meet the lofty expectations built into the stock. When that happens, even long term investors will take their money elsewhere. Momentum stocks tend to have a stink about them after they collapse...even if nothing is wrong with the company.
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