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: fred woodall who wrote (13075)	7/26/1998 6:25:00 PM
From: Robert Li	Read Replies (1) of 27307

Wow, a yahoo bear turn bull. Must be at a intermediate top. But internet investors are a new breed, expect 20% gains each week and ask what the hell is wrong when the stock goes down. I'm a new poster and don't want to be labelled a "bear" since I am 100% long on CSCO, LU, TRV, WCOM, PFE, MSFT. But I think internet investors (I'll give you your due in that you made a lot of money last 12 months) going to have to do a lot more work in the future trying to sift out the winners from the hypesters and even those winners might not be doing so well in the coming months. Although everyone thinks we are investing in a new paradigm, stock prices have to trade close to their fundamentals sooner or later (probably later in YHOO's case). Even the great stocks (MSFT, DELL, CSCO, INTC) traded well below their growth rates till recent years. YHOO is just a little ahead of itself right now.

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