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: Howard Hoffman who wrote (19837)	2/9/1999 2:16:00 PM
From: Randy Ellingson	Read Replies (4) of 27307

There are more naive investors in the Internet stocks with more $ than ever before in any sector in history. What makes you think this? Because so many people have heard about the "Internet stock wave"? Why don't you think it was institutional investors buying the bulk of the shares at prices > 175? And what makes you think people will sell in the face of ever-improving opportunities for these companies? If the global scene begins to show any real signs of health (or when it does), the potential for these companies will strengthen their financial outlook further. I'm with Rene. You may be correct that the stocks drop considerably further short term, but it's my opinion that the gains yet to be had from many high quality and capable companies' stocks over the next five and ten years will make even today's prices look very cheap. Can Yahoo have a market cap of $100B in five years? Randy

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