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 (16552)	12/30/1998 5:36:00 PM
From: Chuck Molinary	Read Replies (1) of 27307

Happy Girl, Congratulations on your portfolio growth! That's awesome! Regarding where to go from here, I honestly think the trend is down for the internets and it's very possible that it will be, as we say in Massachusetts, wicked fast. Why don't you take your original investment out of YHOO and diversify to a DELL or CPQ or better yet out of technology altogether into HD, FNM, AXP, etc. Keep some exposure to YHOO but lessen the fall when it occurs. I'm a disciple of Iqbal Latif on the Idea thread, Subject 14747. He is always suggesting to go long where noone wants to be long. For instance, he's now suggesting that oils will do well. He also believes the internets have peaked. Trust me, this guy is right a whole lot more often than he is wrong and he understands the markets a lot better than you or I ever could. My feeling is that the markets move in cycles. It's been an unbelievable up cycle for internet stocks, but it will end. And the further a rubberband is stretched the further it will bounce back. Basically, what I'm trying to say is don't push your luck. My couple cents for what its worth and remember stay happy. ctm

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