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: Bill Harmond who wrote (9258)	4/8/1998 2:45:00 AM
From: Howard Hoffman	Read Replies (1) of 27307

So 1 year ago YHOO was selling for 20. Last week it went over 100. It only started trading a year ago. I thought it was crazy as an IPO until it had some real earnings. I admit that I was wrong then. I could be wrong tomorrow. But I doubt it. I saw (and profited) as Presstek went up by a factor of 5 in a year (I only got a small portion of that insane gain). I am thankful that I got out. Seeing a 50% correction in a week and then watching the shorts party on-line (on AOL) was entertaining to me since I had cashed in my chips. I used to laugh at the posts. I might have cried if I had still owned PRST. Presstek is now selling at 15% of what it sold for at the peak. Maybe YHOO will be lucky and not correct 85% in a year or two. But, it is a real possibility. Especially when all of the neophyte "investors" start getting reamed. Bill, you are a big boy and your profile indicates that you are a professional. You appear to hold a broad portfolio. If YHOO crashes, you will not be hurt that badly. But what about all the others who have come late to the party?

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