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: HG who wrote (15831)	12/4/1998 12:21:00 AM
From: Dave Mansfield	Read Replies (1) of 27307

>><<< all the Johnny's will be jumping out of the lake>>> I thought Johnny was jumping INTO the lake - now you've confused me <grin>. yep, lets watch.<< What I mean is that they've all been jumping into the lake (buying the stock) and will have a similar, but painful, selling of the stock or jumping out of the lake. If you look at 1 or 2 year charts of all the stocks I mentioned you will see how they all spiked up as Yahoo has and ultimately had very hard falls. >>I cannot comment on any of the companies you've talked about since I work in hi-tec and feel more comfortable investing in hitec sector.<< Many considered Presstek to be a high tech company with their new printing process. >>Re: Iomega, I'll have to read the case. I know Americans believe their country to be the centre of the universe but it really isn't. Apologize if I sound naive...but I really hadn't heard of Iomega before, although it has been mentioned a few times on the BB recently. Could you point me somewhere to read what happened ?<< Got me on that one. Yeah, we Americans do think we are the center of the universe at times. My fault for assuming everybody knew about Iomega. Don't know if you ever heard of Zip drives, but they were a high speed storage device that could hold multiples more data than a typical floppy. It was almost seen as a second coming to many. I don't know exactly where to point you for the whole story, but Yahoo, Lycos, Snap, Excite all have great search engines with plenty of others also. Pull up a three year chart on this one to see how crazy it got. Another high techy. I'll lighten up going forward as I believe the stock will do most of my talking from here forward. I guess my frustration with the stock is watching the irrationality of its trading patterns. Kind of like the lemmings running into the sea. I hate to see investors get burned by such a phenomenon as others did with all the stocks I previously mentioned. But enough. Let's see how they grow over the next several quarters, let's see if they can grow earnings by leaps and bounds and let's see if competition can enter this market with ease or with difficulty if anyone proves that there is a great deal of money to be made in this sector. Dave

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