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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: Bill Wexler who wrote (4438)12/14/1997 6:45:00 PM
From: Bill Harmond  Read Replies (1) of 27307
 
Don't you think "speculative momentum stock" is a bit subjective? What if you're wrong? You know Yahoo is the leader in this space by a mile and is gaining share. You know it has institutional sponsorship. You use it yourself. It ain't going to 20. Those prices are history unless the Internet goes dark (fat chance) or the financial markets crumble (who knows).

This Yahoo move is a replay of AOL. Same losses, same "easily dublicatable interface", same franchise, same reckless momentum, same legion of short-sellers. Those who don't heed history are doomed to repeat it.
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