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

To: Bill Harmond who wrote (14739)	10/13/1998 11:37:00 PM
From: Estimated Prophet	Read Replies (1) \| Respond to of 27307

At what price did you buy YHOO on 10/13? Doesn't seem to beaten down to me. I have had orders to short at 125 and 130 in place since I got out of long on Mon. Guess if I think it'll go that high maybe I should ride it up, but can't convince myself it's right time to go long until we test 97 again. Do you see another test there? EP

To: Bill Harmond who wrote (14739)	10/14/1998 1:33:00 AM
From: Michael Collings	Read Replies (1) \| Respond to of 27307

William: Are you really still long in this market???? Are you not watching what is happening in our credit markets???? There is a MAJOR liquidity crisis in the debt markets right now and people are still buying stocks? Is everyone so brain dead that they are not even aware of the risks they are taking? I urge you all to start reading about what is happening in the world AND in this country. This is capital preservation time guys and gals. Stocks, ALL stocks, are very risky business in this climate. Liquidity crisis is very serious stuff. And its here in our debt markets NOW. Stocks follow bonds. If you think you can jump out of stocks during a liquidity crunch in the market, you may have a very painful lesson to learn. Because buyers simply walk away. And sellers are very very plentiful. Get cautious during times like these. Buying the dips will prove very unprofitable. But for your own sake, please start reading about what is going on in the world. I am sure this sounds doom and gloom, but sometimes reality isn't so optimistic. I haven't a clue how bad a recession we will have, but I do know what liquidity crisis means and that is huge losses. When the market begins the next leg down, it won't matter what yahoo's growth rate is or how many hits per day it has.