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: Smart Investor who wrote (16275)	12/23/1998 4:05:00 PM
From: Randy Ellingson	Read Replies (1) of 27307

For God's sake, if you can only afford to buy 30 shares, please stay away from those Net stocks. I totally disagree with this statement (really). ~2 weeks ago, I bought 12 shares of YHOO for my IRA -- of course I intend to hold it long term (long term). My first purchase of MSFT was (split adjusted) 14 shares at 43. I think we all would have done very well to buy 30 shares (or more or less) of Yahoo a year ago. Nobody can reasonably expect the same kind of return over the coming year from YHOO. But try to tell me there aren't at least a few more 10x'ers out there that have yet to be identified and understood. Which ones are they? As for small investments in Internet stocks, the size of the initial investment doesn't matter so long as the investor is comfortable with the stock and the company. I am happy as hell to have bought YHOO at 191. If it goes to 125 before climbing higher, so be it. That's the way it goes with buy and hold, and that's arguably an appropriate approach for a stock like YHOO and/or AMZN. I could of course go on, but that's enough of that. Randy

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