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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: David A. Stern who wrote (15442)11/23/1998 5:08:00 PM
From: Michael Collings  Read Replies (1) of 27307
 
David:

Its a tulip and it can go much, much higher. I've shorted this tulip several times and lost a bunch and made a bunch but I wouldn't touch it right now. There is no reasoning behind this thing, no sense of reality. And therefore it can keep right on going up. Could even see $500 or $1000. A single tulip bulb in the 1600's got to an equivalent of a $1000. What makes these tulips any different? If its this high, why not higher? I wouldn't even try to guess the top at this point. Rational people are completely irrational when it comes to the internets, but what the heck they are going up every day. Greed is a powerful motivator.
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