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: Bretsky who wrote (19875)	2/10/1999 10:30:00 AM
From: Dave Mansfield	Read Replies (1) of 27307

Point well taken Bretsky, but your following statement says a lot about the state of the internet stocks: >>The mere 5 shares of AMZN I bought are pure high risk speculation. I was just getting sick of losing by not joining the game.<< How many other people bought AMZN or other net stocks for the same reason. Nothing to do with fundamentals, nothing to do with prospects for growth, everything to do with momentum. You were prudent in only buying 5 shares, but I'm sure there's more than just a few lemmings out there who bought plenty more for the same reason you said you did. Looks like another tough day ahead for Yahoo and the net stocks.

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