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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST
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To: Estimated Prophet who wrote (8957)4/1/1998 10:54:00 PM
From: the Druid   of 27307
 
Well I can sort of make up a couple of reasons.

1. The AT&T world net is abolishing the fixed rate
and increased the rate of access at the same time.
That gave AOL a push in the right direction, in
confirming good decision by AOL in the previous rate hike.

2. BA Rbt Stpns upgraded AOL from "BUY" to "Strong BUY".
In fact that Bank upgraded a whole bunch of stocks.
The reason behind it is a story worthy of April.1.
They increased their rating levels from 3 to 5. So
some stocks got automatically raised to the newly minted
catagory. Does that mean there are improvements in
the funnymentals to justify such an upgrade? You be
the judge.

AOL is the leader of internet. AOL goes up and
every other internet stock follows, including YHOO.

That's my take of the situation. Where to from here?
I dunno.
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