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 (10203)	4/16/1998 11:50:00 PM
From: Mike M	Read Replies (1) of 27307

William- <<Yahoo will correct at some point from some level, maybe even this one. None of this matters to the fact that Yahoo has taken it, and anyone betting against that notion better be both lucky and nimble.>> I am guessing that no one is arguing that YHOO is #1...and may even stay that way...problem is there will come a day of reckoning when many a shareholder will wonder why they own this stock at 70 times sales... At this stage almost any news is bound to be bad for a company with that much expectation built into it....In the final analysis, companies are only worth what we perceive them to be worth and perceptions change....From greed to fear is an ever present market mood switch. It will happen with this very fine company too and the odds are it will happen fairly soon... We are currently in the parabolic rise which has only one conclusion. The laws of physics have not been repealed nor have the laws of psychology.... Mike

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