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

To: abraves who wrote (17356)	1/10/1999 10:53:00 PM
From: blokker	Read Replies (2) \| Respond to of 27307

I dont feel like the net stocks have redefined OVERVALUED. I think what is happening in the net is very similar to what happened to radio stocks. Any time a new medium is encountered, curiosity drives people to pay more attention to the medium. This can explain the extreme interest in internet stocks. As I recall, the radio stocks never really took a large hit as many say the internet stocks will. I dont feel like interest in the internet is going to calm any time soon. I feel like it would take a very sudden disinterest in the stocks to cause a major crash and I don't see that happening any time soon. (if ever) I think it will be a slow gradual acceptance, and because of this these stocks should be able to hold their own. However, I am just a peon so who knows...

To: abraves who wrote (17356)	1/11/1999 6:36:00 PM
From: Dave Mansfield	Read Replies (1) \| Respond to of 27307

>>Dave, when the end finally does come (whenever that may be), where do you think all the money is going to go?<< Well abraves, some of it will just disappear, just as much of it has just appeared. When a stock price plummets a good deal of the market cap just vanishes, it really doesn't need to go anywhere. Remember, Yahoo hasn't really created any wealth. They have no significant earnings to speak of. This has all been speculative fervor. As far as where I think the money will go after a crash, I'm sure there will be some other speculative issue some of these people will run to with whatever they have left. Remember the mentality of many (not all) of the longs is almost that of a Las Vegas gambler. It hasn't happened so much on this board but if you've visited the Yahoo board on the Yahoo portal, you will have seen all matter of speculative stocks hawked there. Why do you think that happens? It's because of the mentality that many of the Yahoo investors (again, more on that board than this one)posess. Those hawkers know that. My two cents worth. Dave (now on the sidelines)