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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Sabrejet who wrote (23005)	7/15/1999 5:19:00 PM
From: Jeff Dryer	Read Replies (1) \| Respond to of 27307

I don't believe it a short-term news event that has already been factored in. My observations are that Fidelity's actions have long-term implications. Being the World's largest mutual fund, Fidelity is a leader, and therefore a benchmark for others. Many mutual funds mimic Fidelity's actions. It is almost a certainty that Fidelity had good reasons for selling part of its AOL holdings (and likely other Internet holdings) and Fidelity may not be finished yet.