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

To: HG who wrote (15532)	11/24/1998 6:01:00 PM
From: Smart Investor	Read Replies (1) \| Respond to of 27307

Hey happy girl, I am not beaten. Historically, every bubble ends up bursting. We all agree that YHOO is a bubble at this time, and it will definitely burst. It got where it is today based on the assumption that it will be the #1 portal, not the #3 portal. It is traded at such a high premium over AOL (400% percent premium over AOL) and all other Net stocks (even more compared with microsoft.com, seek, lycos, etc.), that it has no way to go but down. I am holding my short position until the fat lady sing. Today's 11 point drop is just beginning of the sliding, the sliding will pick up speed when more and more people realize how ridiculous the valuation of YHOO is! You are smart to unload today.