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


To: Smart Investor who wrote (15282)11/18/1998 6:40:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 27307
 
Well, SI, Maybe a small opportunity is here again.
Thinking about watching closely tomorrow and short around $195?? just 100 to 200 shares.

Same strategy, short high and short small, cover with $5 to $10 gain?



To: Smart Investor who wrote (15282)11/18/1998 7:52:00 PM
From: HG  Read Replies (1) | Respond to of 27307
 
Smart Investor....I believe YHOO is a company with immense potential. last time I invested in CSCO (back in 1994) CSCO was an OEM for DEC. Today...well today is a different story. And back then, I was told the same thing by skeptics.

Point is, people are afraid to dream...but dreams do come true. Internet is a way of life and yes, you can give me all those arguments about fundamentals, low barriers to entry...think about it...will YHOO sit around waiting for newstarts to capture its market share ? Doesn't it have a record of constant innovation and improving itself ?

In the end, people buy because they see value. And as long as they see value, this company is going to rise. As far as rising too high too fast...well, globalisation has reduced time frames. Companies do not have to crawl before running. They hit the ground running now-a-days. Even after accounting for time value of money, it probably took my grandfather 50 years to save 100 grand through agriculture (if he ever saved 100 grand), my father did it in 10 years by going thru college and getting a good job...today anyone can do it in 2 years through careful investing, given a decent initial capital. Here is a paradigm shift ...why can't the same hold for emerging companies ?

I'm not very long. Just a couple of calls which are out of money right now...so do not have any personal reasons for this post...except that I already regret that I took profits and ran. So I got back in today. And this time I am here for a long haul.