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

To: BradC who wrote (15630)	11/26/1998 12:28:00 PM
From: Whiskey	Respond to of 27307

BradC, I think the AMZN and Yhoo have met a resistance level period. When a stock hits the 200 per share level it just sits there until the stock splits and is at a lower buying opportunity for smaller investors. I think most investors on these threads if you siphor through the BS invest between 10K and 150K in the market. Putting 20 K in one stock is quite a risk for a lot of people. It takes a lot of nerve to push the buy order on a $200 stock even if it was a MSFT or a GE. The increase buying on the cheaper internet plays is proof of a lot of people looking for something they can afford and not take as much risk. I look at AMZN everyday and with the volatility just can't force myself to hit the go button. You just have to say gee I missed that one and find another. Couple this with a lot of people thinking these stocks will end this upward trend and you have a more careful selction of what to buy. I don't think this dictates that the stock will tank but more to the going sideways area while others are pushed up. Sideways and the norm to these companies could be 10 and 20 points a day adjustment. This is what I have seen and you won't ever see a GE or HD doing these kinds of moves. This market is in its infancy and there will be a lot of them falling by the wayside or merging. There is nothing wrong with going with a winner or an established company such as YHOO. Happy Turkey Whiskey