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: John Carson who wrote (7772)	3/4/1998 1:23:00 AM
From: Sowbug	Read Replies (1) of 27307

How do you know when it is late in a momentum stock run? Also, what would be a good reason not to stay short? Hmmmm... questions typically asked by someone thinking of going short. I'm no fortune teller, but the following seems to be a helpful way of evaluating this stock (since financials and fundamentals clearly don't work): Do you think that Yahoo is going to be one of the foundations of the Internet? Imagine a few years from now, when Internet has finally reached the point where it's safe to assume that a person has web access (kind of like how today you can ask a businessperson what his/her fax number is without sounding like a dweeb or a pretentious jerk, or how we take it for granted that you can ask anyone what his/her telephone number is, or how we're almost getting with e-mail). Got the picture in your head? Ok. Do you still see a place for Yahoo? If yes, then any short held longer than a month or two is bound to lose, and any short-term short that makes money is probably more luck than astute investing. If no, then Yahoo will eventually collapse. In my opinion, the Internet needs a centralized yellow pages. Yahoo is it. So I'm long.

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