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

To: Alan Newman who wrote (16017)	12/11/1998 10:06:00 PM
From: Reginald Middleton	Respond to of 27307

From the Street.com: "Even though it was a fair amount of shares, it wasn't something that we could build a core portfolio position out of," Shah says. So Shah sold them for $52 shortly after the stock opened on Friday. That's a cool 247% return on his investment in the time it takes to watch a movie. Since he sold, uBid has sunk steadily, closing Wednesday at 35 11/16. From the article about analysts and IPOs, Lies and Lying... rcmfinancial.com All of a sudden Dick comes up with this phenomenal idea. He goes to the corporations and says, "Hey, I know this stuff may be a little pricey, but how would you feel if I guaranteed a buyer for each of the cars I sell you. With this Internet craze, the average Joe Schmoe retail buyer thinks he's smart. He frequents car buyer sites, gets prices, quotes, and analysis that give him a false sense of security. I'll have my company spin a story and create a fervor, they'll be eating out of my hand. All you have to do is sell my cars the day you get them. I'll have the clients waiting at the door.