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


To: Peter Goss who wrote (2412)11/4/1997 11:54:00 PM
From: damniseedemons  Read Replies (1) | Respond to of 27307
 
Peter,

Target prices are against my philosophy. If I own a good company with good future prospects, why should I sell it just because it went up to meet an arbitrary "target"?

Fundamental changes are things like slower growth, competition, the usual, etc. The good thing about that is, you almost always have a fair chance to get out with strong gains before things go bad.

I know the entire computing industry extremely well, and I think YHOO has a tremendous prospects. I used to be a short term trader, but am now more of an investor because I need to focus on school for the time being. I do play momentum, but did not in YHOO's case, as I bought it a long time ago (when it was a dog with no MO).

Sal

PS. RE: Sell discipline: I hope the sell discipline won't be because a broker calls and says to either send in cash, or cover the YHOO short.