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

To: ALTERN8 who wrote (26297)	1/12/2001 11:39:31 AM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 27307

Your investment cliches don't work for companies without fundamentals. By the way, we've (the Bears) all seen statements like yours before on threads like ETYS, WBVN, AMZN, what have you. Here's a fairly recent one. To: Dipy who wrote (26173) From: Junkyardawg Friday, Dec 22, 2000 4:37 PM ET Reply # of 26298 The wife asked me why I bought Yahoo. I said everybody on planet earth is bearish on this stock. I love it when everyone hates it. dawg

To: ALTERN8 who wrote (26297)	1/12/2001 11:49:39 AM
From: SouthFloridaGuy	Read Replies (1) \| Respond to of 27307

Judging by your history, you've been calling a market bottom since October. I'm surprised you still have money left. Oct 9th, 2000: "LPTH added @37" Oct 10th, 2000: "I hate this manipulated market! I'm now 100% invested in tech though. my last two buttons pushed were MOT and RMBS." Oct 17th, 2000: "RMBS is a must own under $60. Oct 19th, 2000: "double down @ 78 yesterday. I don't usually pull double down moves on stocks moving down, its very risky, but AVCI has such a catchy name!<G>"

To: ALTERN8 who wrote (26297)	1/15/2001 10:49:04 AM
From: Earlie	Read Replies (3) \| Respond to of 27307

Altern8: As a company's stock price moves down, it frequently becomes an even better short target. Why? - it loses its lustre to institutuional investors. (in a mania environment, money tends to move from tarnished stocks to untarnished stocks). - it becomes much more difficult to raise either equity or debt funds. Even when the needed money can be raised, the dilution tends to be huge (equity) or the terms nasty(debt). - investors who lost money on the stock "bad-mouth" it. - if there is consequential debt, the debt holders tighten the screws. I could go on and on. My point is that buying a stock simply because it has fallen is not a good idea. My best short situations in 1999 and 2000 were stocks that I call "mortally wounded". All of them had fallen huge amounts before I shorted them. All of them provided much lower risk as bankruptcy proceedings loomed ever closer. Best, Earlie