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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: Original Mad Dog who wrote (15388)11/23/1998 11:23:00 AM
From: HG  Read Replies (2) of 27307
 
MadDog, youre quoting me out of context.

<call it, as I believe Happy Girl did a few days ago, a mass
hypnosis.>

I used that phrase to describe the effect of breaking mental cages and venturing to think outside the box, in a business management class.

I doubt if the true YHOO investors or speculators (or gamblers if you wish), are in a state of mass hypnosis. It is not as if we longs are not aware of the "dangers of failure", its not even as if we are speculating - its just a difference in opinion about internet & portals in general. Some of them have to succeed...and YHOO is the current leader. I also believe XCIT is a promising star..and I've put my money where my mouth is. Working in hi-tech/internet industry, I believe initial leadership advantage reduces chances of failure. Now some longs ride on the coat tails of the believers, and there is a remote chance that YHOO fails in the long run, but these risks one takes with any stock.

In the end, all said and done, these are perceptions we carry based on the limited information available to each one of us. As such, there IS no right or wrong of investing. Investments are vehicles to greater wealth and choice of a vehicle is very personal.
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