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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: Dwight E. Karlsen who wrote (15103)11/11/1998 2:46:00 AM
From: paulmcg0  Read Replies (1) of 27307
 
[[ It will have crashed and burned long before meaningful sales come even close to gigantic mkt cap ]]

What the crazed tulip buyers (oops, YHOO investors) fail to realize is that for the price to go up, someone has to be buying. When the time comes, a lot of people will be trying to unload their YHOO shares, and there will be a shortage of buyers. (Hey, don't look at me - I wouldn't give you more than 20 dollars a share for YHOO, and that's being generous.)

I wonder how spectacular the eventual crash in YHOO will be. Will we see days of 10 dollar a share price drops? How about 50?

The only difficult part is predicting when YHOO will self-destruct. (Yes, I've lost money on option puts betting that YHOO would decline.)

Paul M.
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