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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: nlam who wrote (12636)7/11/1998 12:13:00 AM
From: jawd  Read Replies (4) of 27307
 
I've noticed that most of these threads contain bears, people who short fantastic success stories. Many of them have been severely burnt with AMZN and have lost a considerable portion of their net wealth.

Shorting internet stocks is a quick way to the poor house. We've seen stocks rise 200% in days. We don't see them come down so fast, except for shams like CFON which had no product at all - just a PR at the right time. But even a sham like CFON seemed to last forever.

I get the impression many SI users simply don't have any real comprehension of where the internet is taking the corporate world over the next few years. They seem to be stuck in an old way of looking at things. The rules for judging the potential of a stock have changed. The bottom line now includes some vision based on what we've seen happen with countless companies like MSFT, DELL, INTC...

IMHO - YHOO is going up, if not now, then later. When it does, the return will be huge. I don't see any other internet company with such a bright future and good management team. Patience is all it takes.

I would never be dogmatic and say that "I'm right - you're wrong!" neither would I put my life savings into any stock. The 1000% upside is well worth the 50% downside IMHO.
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