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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (7415)8/3/1999 12:55:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 15132
 
YHOO -49% AOL -50%

I wonder if this is a meltdown this time or just another correction?
Someone asked me yesterday to check and it turns out AOL and YHOO both came off their summer highs by about 50% in 1998 before continuing on their wild gains for that year.

i don't plan to buy but I sure won't short them either!

Kirk out



To: marc ultra who wrote (7415)8/3/1999 1:48:00 PM
From: Allan Harris  Read Replies (1) | Respond to of 15132
 
From their highs at the moment we have

Berkshire Hathaway 'B' -25%

A



To: marc ultra who wrote (7415)8/3/1999 7:39:00 PM
From: mister topes  Respond to of 15132
 
Ben Graham said it:

"Value will out"

Perhaps AOL at 175, AMZN at 220, and Ebay at 230 were
not such really great values after all.
And maybe it does matter what you pay for an internet stock.

How about that!


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