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: bobby beara who wrote (11001)	6/8/1998 6:30:00 PM
From: Bill Harmond	Read Replies (1) of 27307

>>California Real Estate in 1989 was a tulip and it still hasn't climbed back to former prices. I don't think the California real estate market in 1989 is a parallel to the stock market today. Real estate is generally a category investment...it all moves up and down together, plus the residential real estate market was financed virtually entirely on 80% margin. BTW, the principal reason I don't work any longer is that we sold our beach house in Marina del Rey to a nice Japanese man in 1989. The real estate market nationally might be more similar, because it has regional corrections like the stock market has rotation corrections. Anyone owning semiconductor capital-equipment stocks can tell you that the group isn't overbought.

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