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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: jawd who wrote (12278)7/8/1998 9:31:00 PM
From: Mohan Marette  Read Replies (1) of 27307
 
Internet stocks say 'YAHOOOOOOOOOOOO"!!

jawd and all Yahoo fans check the following link from CNNfn.

Excerpts from CNNfn

"Everyone's expecting, and should expect, that these companies will continue to post very impressive gains," explained fund manager Ryan Jacob. "A lot of these companies are still growing 30-50 percent per quarter. There will be other issues that people will be looking at. With Yahoo!, it may not be just revenues, it may be page views. With an Amazon, it may not just be revenues, it may be number of new customers they've acquired over the last quarter."

Individual investors are among the most active traders of Internet stocks, and as long as the romance continues, analysts expect them to remain loyal to investments like Yahoo!

"I think that the stocks will recover again because the small investor that logs on to the Internet just sees the romance and the lure and says 'buy,' " said Ulric Weil of Billings, Friedman, Ramsey & Co.


cnnfn.com
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