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 (5095)	12/27/1997 11:20:00 PM
From: Jim Ritter	Read Replies (1) of 27307

That post from MSNBC was great. I think its really interesting, and bad news for Yahoo, to have people writing articles for the general public about how overvalued Yahoo! is. I really think Yahoo will follow the path of Iomega. Once a stock suffers a really bad crash (which Yahoo will) it goes from being one of the most liked stocks to one of the most hated. Once Yahoo becomes hated, no one will buy it. Just look at Netscape. They're still posting good numbers but their stock doesn't go up. In year one of internet stocks, Netscape and Spyglass were the fantasy stock picks. In year two it was Yahoo and AOL. I've already got my puts purchased to catch the Yahoo, AOL crashes. But what I'm really looking for is what will be the internet fantasy stocks for year three. So far I've picked out Peapod (they sell groceries over the internet. PPOD) as the first of the two fantasy stocks for next year. Good luck to all with your Yahoo crash strategies. Jim (bought Jan 60 puts for 1 11/16 when Yahoo was at 67 7/8. How's that for timing!!)

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