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

To: Larry Ricker who wrote (2187)	10/27/1997 1:18:00 PM
From: LRS	Respond to of 27307

hey isn't anybody out there buying? this thing is a bargain....55 million shares X $44 no, $43 no, $41/share with the nasdaq cratering (65 points!!!!!!) and the dow buckling shouldn't there be a flight to quality internet issues like this one? after all, YHOO does not have any currency issues (or sales or profit issues....for that matter...)

To: Larry Ricker who wrote (2187)	10/27/1997 1:21:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 27307

The picture certainly has. However I'm looking for things to buy, rather than sell. As long as the bond market stays positive, I think the stock market should be OK. Morgan Stanley's US strategists think that stocks should not stay delinked from bonds for long. The S&P was overvalued relative to bonds by about 17% a couple weeks ago, now it's about 6% as the S&P has gone down and bonds have rallied. The key is to stick with stocks with top-line growth. I just picked up some Yahoo at 41 1/8, but am keeping alot of dry powder.