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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: HG who wrote (16619)12/31/1998 12:13:00 PM
From: Dave Mansfield  Read Replies (1) of 27307
 
That answers my question Happy Girl. The fact that fundamentals do not matter to you puts us at opposite ends of the spectrum. It makes you more of a trader (as alluded in an earlier post by all your recent activity) and me more of an investor. Both investors and traders make money (they also both lose money), but they have different methods of reaching that end. Your short term trading in Yahoo has been quite profitable for you. But if you fail to consider fundamentals, I encourage you not to make this a long term investment. Eventually, Yahoo will return to a fairly fundamentally based valuation. Either by growing like bloody hell or by watching it's share price collapse. I suspect the latter, you don't consider either in your investing style. I won't bother you with such questions as I know where you come from now.

Best of luck to you in 1999. And as a short term trader, I suggest you consider what effect that people waiting until the next tax year to sell their stock will have on Yahoo next week.

And fundamentals do matter to every industry, including the internet industry. Just not now. Just like at one time fundamentals did not matter to the tulip industry. They soon did.
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