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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: CoffeePot who wrote (18725)1/21/1999 5:16:00 PM
From: Les Paul  Read Replies (1) of 27307
 
Greed has broke more individuals than it has made wealthy! This whole Internet frenzy has been something that most of us will not see again during our lifetimes. Remember to all... During the past 52 weeks (think about how short of a time period this is) this stock was at 28 and change. Is it immortal? Will it never test these levels again? I have no position, but I did lose a substantial amount of money shorting this stock while it was in the 100's. I covered and learned my lesson. I am happy for all the longs that had the guts to hold to the top and all the shorts that had the guts to short this animal after the most dramatic month in history. This stock will eventually be selling for 30 - 80 times earnings like all good growth companies. I sleep much better holding companies like DELL, INTC, MSFT, ALL, WMT, etc... Good Luck to All!
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