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: LoLoLoLita who wrote (10324)	4/19/1998 2:04:00 AM
From: OtherChap	Read Replies (1) of 27307

>With a $5-6 B market cap, they can use their own stock >for aquisitions. good plan, except nobody in their right mind expects yahoo's stock price to remain in the stratosphere much longer. i'm still holding my short position, and I still expect to make a killing on this one just like I did with PresTek. This weekend's barron's article was PERFECT timing. Now all I need is a down day for the market on monday, and the net hype ^H ^H H^ search engine stocks will fall another 20%. mark my words- the net search engine craze will be in the textbooks for financial analysts for years to come. it is fascinating to watch the panic buying and selling on these things. the barrons article pointed out that it was NOT institutions buying these stocks last week, but small individual investors (probably mainly over on-line brokerage services, i'd bet). when the shoe-shine man at the airport recommends search engine stocks, it's long past time to get out.

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