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

To: Deb H. who wrote (15517)	11/24/1998 2:04:00 PM
From: HG	Read Replies (1) \| Respond to of 27307

Deb..no offence but the reason why the longs do not really discuss, is because they are glued to the screens...either that, or too happy to bother. I just unloaded 33% of my YHOO holdings @227 and made an indecent amount in just 5 days....on borrowed money ! Now I'm looking for the entry point again.... Y'know - I once read this somewhere. People who can - DO it, people who can't - LEARN, people who don't know if they can or they can't - TEACH. Its like I said, we don't really HAVE to convince anyone, results speak for themselves. But as soon as this rally is over, I'll try & find time to respond to your Qs, but right now, I find it difficult to find time. Later.

To: Deb H. who wrote (15517)	11/24/1998 5:31:00 PM
From: Don Wellington Jr.	Read Replies (1) \| Respond to of 27307

One person's opinion.... Internet related stocks are extremely difficult for even the most experienced business-people to understand. The concepts are so foreign to what has been driving Wall Street for a century. There is little basis for accurate knowledge. The "new" investor sees two opportunities. First, a longterm potential akin to the beginnings of WalMart, Home Depot, Microsoft, etc. A shortterm potential to profit by trading, because of the incredible swings. I actually think the swings are due to large scale institutional buying and selling. I think they invest in, speculatively, and then try to apply their traditional formulas, to determine when to sell, and profit. Then they get confused when the stocks continue to grow in value. This confusion leads to perpetuating the swings. I think the new investor chooses the stock because of some knowledge of what the internet related issues will be, 10 years from now, and trades opportunisticly for a profit. But, If the stock goes down, there is no mad rush to bail, because the original design was longterm to begin. Yahoo started in a Stanford dorm. It could survive, back in the dorm. I have friends who started ISP's in their garage with 14.4 and 28.8 Modems connected in racks. These same iSP's could be run from the garage, again, if necessary. It's going to be an interesting five years, and next 30 days. I've predicted a 10,000 dow jones by Dec 31st since last year. We'll see.