Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: The_Guru_00 who wrote (16379)	12/27/1998 4:59:00 PM
From: Smart Investor	Read Replies (1) of 27307

Hi The Guru, This is a very insightful letter, and may also lay the ground for a class action suit in the near future. We have all suspected that something is going on, but do not have the complete picture. This letter lists some very troubling practices. I also think Mary Meeker is hypocritic in her continuing hype of internet stocks. Look at the Baron article. On one hand, she said "That she likes nothing better than to have the internet stocks go down 20-50% and reach more reasonable valuation; on the other hand, she is continuing her relentless hyping of these stocks. If she really think those stocks are overvalued and should go down 20-50%, then she should downgrade them rather than continuing her hype. It is also very sad and will prove to be very costly that the internet hype happened at a time when more attention should be on the Y2K problem. More and more companies are spending valuable computer programmer's time and resources to start web sites and so called portals with the hope of striking it rich in the internet mania when they should tackle the Y2K problem.

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