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


To: SouthFloridaGuy who wrote (26370)1/26/2001 11:41:09 AM
From: Srexley  Read Replies (1) | Respond to of 27307
 
S.O., you are a bit pessimistic imo, but you brought up some good points re Yahoo the other day, and helped convince me to sell at $40 1/16 yesterday after buying at $26 a few weeks ago. I bought on the kind of assumption you discussed about hitting a low, had been $200+, etc, etc.

I know they will survive and be around for a long time, but the valuation on this company is a bit rediculous. I think it will settle into a more normal range in the next year or two when the remnants of ultra hyping internet stocks is done.

That said, what do you think of INKT?
Scott



To: SouthFloridaGuy who wrote (26370)1/26/2001 3:24:49 PM
From: Randy Ellingson  Respond to of 27307
 
Thanks for the heads-up. I'm not really interested in those companies. But keep in mind that even companies which make great long term investments do have lousy Qs and years at times. As for the market bottoming, I don't really care what the market does as a whole -- I'm more interested in specific companies' prospects. OTOH, I love to see the market malaise taking down the prices of all equities since that way the shares I want to buy are typically cheaper. I added shares of YHOO and NATI to my IRA last week. YHOO's still a small portion of the account.