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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: Don Westermeyer who wrote (4793)12/19/1997 7:39:00 PM
From: LRS  Read Replies (1) of 27307
 
Don't even sweat the $10! You are in great shape. Just hang in there.

I know that we all keep saying that shorters will have their day with this one, but it will come--it can't keep going up forever. Large insider blocks will be sold, the fascination with internet stocks will wane, pressure on ad rates will pick up, YHOO will continue acquiring other unprofitable sites, etc. Perfection is built into the price, and that's the bottom line.

It's funny about AMZN...when I first looked at that stock a while back I decided that I would never short it because its revenue generating potential is pretty huge..even though it will be unprofitable. However, it seems the shorts over there have been fairly successful with it (relative to YHOO shorts), and let's face it Barnes and Noble and Borders will keep AMZN in check. A bricks and mortar strategy combined with an internet presence seems to be the best e-commerce strategy for a retailer....
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