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

To: Jim Snyder who wrote (12555)	7/10/1998 12:51:00 AM
From: Bea Dinerman	Respond to of 27307

Now that some of the Internet stocks have made some correction since the recent surge in prices and are getting into a more affordable range, which ones would you recommend most highly and why? ( Yhoo, Amzn, AOL,Xcit,Lcos, etc,etc). Bea

To: Jim Snyder who wrote (12555)	7/10/1998 1:11:00 AM
From: Bill Harmond	Read Replies (3) \| Respond to of 27307

>>Anyone out there think YHOO will not act like the broken momentum stocks of the past? Yes. Yahoo's fundamentals are completely different, and far better. Operating margins nearly doubled this quarter, after growing some 50% last quarter. Yahoo (along with AOL and Amazon) has to be considered a core holding in portfolios at some point. I think Yahoo will give ground begrudgingly. A 40% retracement would be around 130. I'd buy aggressively there, but I may or may not get the chance. A serious market correction or change in fundamentals is another story. Writing scripts for stocks to follow is nearly always folly. The best thing is keep a keen eye on the tape and build a position over time.