Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: Mike McFarland who wrote (21203)	4/8/1999 12:26:00 AM
From: ALBERTO	Read Replies (3) of 27307

Mike McFarland I seldom post but this once I felt compelled to respond. The reason for the Internet craze & the reason why it has been allow to continued is because of the permissive environment permitted by the federal reserve in order to alleviate the Asian crisis. That is why there is no way of measuring those issues by any known financial measurement method. Well guess what, the recovery has arrived in the Asian arena. The forces that caused the easy credit policy are in reverse & the FED knows it. The Asian recovery + the OPEC move to tighten supplies has been increasing demand for oil. The tight labor market which in part had wage pressures mitigated by the Asian crisis will start to experience wage pressure. The FED tightens. The permissive market which has permitted the Internet craze will cease to be. Sleep well.

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