Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RDR who wrote (18619)	1/21/1999 3:30:00 PM
From: Howard Hoffman	Read Replies (1) \| Respond to of 27307

<<I just watched the ticker again and within two minutes the bid sizes were (around 10:40 AM)2500, 2800 and 10800. I wonder who is buying it now...>> Not me. If funds have billions to invest, they may be willing to average down a bit. Every fund manager wants to be able to say they own some Internet stocks. They would like to say they bought them a year ago. Most fund managers do not like paying 1500 times earnings. I'll commit to buying if YHOO gets down to 25. I may even buy at 50 to 100. Above that, I may try to ride the next momentum wave. But only after there is a firm bottom. Last real bottom was around 84. Of course that was long ago. October '98.