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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: Smart Investor who wrote (16234)12/23/1998 12:09:00 AM
From: damniseedemons  Read Replies (1) of 27307
 
>there should be some requirements that at least 75% of total shares should be in float>

No way. By saying something like that, I'm sure you'll be surprised to hear that even MSFT (for just one example) still has floated less than 75% of its outstanding shares.

Also, I think the idea of halting volatility is ridiculous. Internets are just a small sub-sector of the entire stock market. They're glamorous and generate a lot of headlines, sure, but in the grand scheme of things their action really isn't that significant.

The wildly volatile stocks will come and go--today's happen to be internet stocks, but it won't always be that way. At some point, the strong internet companies will begin to behave more normally; meanwhile, the weak companies will be forgotten in stock-market oblivion.
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