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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: oldcrow who wrote (16627)1/1/1999 1:39:00 AM
From: larry  Read Replies (3) of 27307
 
Imagine that a person who is nervous about the burst of the bubble but also want to delay the tax payment for another year. What is this person going to do?

I guess that it all depends on what the shareholders believe. If they are diehard internet fans, they will hold. Traders and momentum players will probably look for clue on Monday morning and decide whether to lock in profits. I think that a majority of shareholders are nervous about the sky high valuation of lots of these internet issues. Those who believe that internet revolution demands unlimited valuation is either naive, or just cheating themselves.

larry!
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