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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: Webfoot who wrote (15182)11/12/1998 11:08:00 PM
From: HiSpeed  Read Replies (2) of 27307
 
I remember a few months ago when I heard about Fidelity's Mutual Funds loading up on choice Inet stocks (namely YHOO, AOL). Wouldn't you assume these managers understand the euphoria and volatility involved? Yet, they still bought around the high (of a few months ago). I won't bet against them. I have to agree the ramping these puppies have seen has been amazing. I also understand the effects of short squeezes and limited float (float vs, say, MSFT, INTC, DELL, et al). Cash flow is also a factor which these have.

So in the end who can say? I think people have rationalized the actions of these stocks both ways. It seems to me that, for the interim, the longs have it.
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