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


To: gc who wrote (18620)1/21/1999 10:51:00 AM
From: Augustus Gloop  Read Replies (1) | Respond to of 27307
 
As I read all the posts I can't help but ask myself a question:

On average I think most people purchased these stocks for the future and were blessed with a quick run to 450. Based on this, since many own this stock well below 250, what has changed since the day you bought yahoo? Don't you feel it's still a stock for the future?

From my perspective the only thing other than the price that has changed is sentiment. When the stock was rising 5-10% a day people got spoiled and expected that it would last forever. NO STOCK GOES STRAIGHT UP PEOPLE! What is most important here is that you own in quantities that allow you to sleep. If that means 25 shares that means 25 shares, period. Volatility is here for a while in the new technology arena and people need to stay focused on the reason they bought these stocks, THE FUTURE.
When you bet on the future be careful, prudent and for God sakes DON'T MARGIN!



To: gc who wrote (18620)1/21/1999 3:23:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 27307
 
Right. Tell it to Peter Lynch. The professionals are always wrong. You are always right.