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: Oeconomicus who wrote (5784)	1/6/1998 10:38:00 PM
From: Rational	Read Replies (1) of 27307

Bob: The blanket strategy of flight to safe stocks (not caught by the Asian flu) has stopped as of yesterday when the market did not budge much even with an expected decrease in the interest rate. [Of course, most investors may not know Yahoo!'s connection to Asia.] Smart money has been travelling to US Treasury and cash (money market) and this trend is accelerating. Now, the buzz word in the Wall Street is corporate profitability. << "flight to safety" into Yahoo! and Amazon. LOL Sankar

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