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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (11805)7/7/1998 10:05:00 AM
From: Moneysmith  Read Replies (1) of 27307
 
Time for a reality check.

I find that mutual funds do not have the market cornered on intelligence..there is a strong herd instinct with them and they are buying stocks like Yahoo because they want them on their books to please the customers..its the flavour of the month. I also find little evidence to assure me that any of these funds like Fidelity are in for the long haul and will bury these holdings somewhere...they will trade like everyone else and when we hear that they have sold a big position then we will sell.
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