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


To: Oeconomicus who wrote (7874)3/5/1998 5:02:00 PM
From: Frank Z  Respond to of 27307
 
Buschman, speculators need excuse instead of reasons to speculate. Those who sold low against good companies such as intc are more likely to be speculators. They don't like to hold cash positions. Recently internet stocks have become havens for them to put their money to work when broader market goes down. When broad market recovers, Yahoo will nose dive. I am long on internet business but short Yahoo @75.



To: Oeconomicus who wrote (7874)3/5/1998 5:05:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>Please share your insight into what kind of rational thought process would make people pull money out of all other corners of the market today and put it into Internet stocks.

Internet commerce is where the fastest growth is, regardless what happens with the overall economy, plus the efficiency of Internet distribution is another factor.

Dwell for a minute on Cendant's prospects. It was up today. This is a huge company, one of the 100 largest companies in America. Market cap over $30 billion:

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