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

To: Mark T Warren who wrote (23288)	7/27/1999 10:13:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 27307

You don't have to believe me. All you have to do is watch Yahoo's stock price the rest of the week. It will gravitate towards 100 where all the other big name nets stocks are. There is nothing you can do to stop it, no matter how many mortgages you've taken out on your house to buy YHOO on margin! ------------ What a stupid contention "Net stocks all gravitate to the same price". Have you ever seen the inside of a school? Hopefully even people with 1/2 brain can see your post for what it is. Fear-Mongering junk.

To: Mark T Warren who wrote (23288)	7/28/1999 1:16:00 AM
From: Jeff Dryer	Read Replies (2) \| Respond to of 27307

Mark, Here's what I think: KeepItSimple has a point. Most individual investors don't have a clue about shares outstanding or market cap. Most individuals who have investments in Internet stocks have no idea what they are doing and why they are invested in certain stocks other than maybe their broker called them up and told them to buy or maybe their next door neighbor owns it. We are seeing crazy valuations in the market for hundreds of companies because we are in a stock mania where pump and dump and momentum players rule. Wall Street is motivated to keep the leading Internet companies at high valuations, so that they can get all their IPOs done. Once the IPO season is over, then motivation for keeping stocks at artificially "unsustainably" high levels will be much less. Better to have a big market sell-off, so the institutions can buy in at low prices.