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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: JOHN CHEN who wrote (12281)7/8/1998 9:35:00 PM
From: Roger A. Babb  Read Replies (3) of 27307
 
John, I have heard the "new and different rules for this industry" many times in many different situations over the last 32 years. In all cases the companies were either on the floor or trading at a reasonable PE within a year or two. Economic fundamentals have not been lifted for Internet stocks either, they are only being ignored at present.
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