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

To: stock_bull69 who wrote (15233)	11/16/1998 5:01:00 PM
From: Webfoot	Respond to of 27307

Got it, thanks. Yahoo is so good at cranking out 5-10 self promotiong press releases every day that I thought you saw some special significance in this one regarding Spain. I don't think shorting any internet stock is wise until this market top signalling feeding frenzy calms down a bit. Like the Biotech craze a couple years ago, buyers are not paying much attention to what makes capitalism (viable, sustainable, profitable business models with a real barrier to entry) work beyond the simple demand for a purposfully limited security. Internet stocks are "hot" this month. In Biotech's case however, at least there were some hard intellectual property assets (value), supporting patents (assets & competitve barrier to entry), and proven sustainable revenue models, not just a brand name directory selling ads. (Ask your phone company how much money they make directly from the Yellow Pages) I don't plan to short beyond a few day trades, not yet. Still too much irrational buying in this sector.