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: purecntry5 who wrote (11501)	6/29/1998 5:06:00 PM
From: Moneysmith	Read Replies (4) of 27307

These internet stocks are climbing a huge wall of worry...and fear. Either its fear of buying or fear of selling (short). I think we need more internet names to invest in. It is a supply and demand thing: too many $$$ chasing too few names in what everyone agrees is the hottest industry on the planet right now. So if you're a CEO with a bunch of unhappy shareholders just make a press release saying that you plan to invest in the 'net and stand back for the buyers to rush in. Why else would anyone pay $154 a share for a company with no profits?

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