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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: The_Guru_00 who wrote (16370)12/24/1998 11:45:00 AM
From: Smart Investor  Read Replies (1) of 27307
 
Merry Christmas to you, too. The bond market may not be directly linked to the internet market, but the overall market is. Therefore, if the overall market corrects, then the internet market will go down with it at even higher speed because of insane valuations. Some of my friends already talk about selling some stocks and starting buying some bonds in the near future.

I have a long position in AOL, and a similar short position in YHOO. Therefore, one way or the other, I am covered. I do not want to have just a long or a short. My gut feeling is that we will have a big correction in Net stocks early next year if not earlier.
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