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: Gold Beach who wrote (15626)	11/27/1998 10:35:00 AM
From: Smart Investor	Read Replies (2) of 27307

Hi, Everybody has the right to express their opinion. I am sorry if you sold because of my post. However, I found it hard to believe. You must have a lot of doubt yourself about YHOO's valuation. Sometimes it is best not trying get the last 5% because one may ends up losing 50%. If you really think about buying back today, I suggest you think carefully about that. If you want to gamble on the Net stocks, many smaller ones at much lower valuation are going up much faster. YHOO is at a stage with very small upside potential but hugh downside risk. Have you read the following news: (1) Russia set the stage for a default on $26 billion in London Club debt, and a restructuring deal for more than $10 billion in treasury debt hit snags. (2) Japanese finance minister may resign, and Japan's economy is getting worse. How long do you think the market can go up in the face of all these bad news ? If you have no doubt about the current YHOO valuation, please do not listen to me.

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