Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Mighty_Mezz who wrote (947)	7/11/1997 6:26:00 PM
From: sam	of 27307

>>So you think it's going to go up forever do you? Just like the Dow? People thought the same thing about NSCP and IOM. Those who forget the past are condemned to repeat it. Everen downgraded it today. I expect the same from others after the insiders have filed their Form 4s. << Agree!!! In fact, saw some big lots sold out today. At the same time buying orders are smaller. It's a sign of institution sell!!!! While the ask hold still towards the end of trading today, bid is towards ask to narrow the spread. This is another sign of no real market support. I project a quick drop on Manday, by both profit taken and shorters rush in. Tech. trend of Yahoo for short term look bad now!!! I am not sure about the long term. Several Penny earnning is not going to sustain the price this much high. Netscape can go as high as over a year befor e market make the final correction. Either Yahoo should making more money at faster growth rate, or they will repeat what Netscape's proformance. The problem is Yahoo is under more preasure since the market is much more over valued than they were 2 years ago. If any down trend start to happen, I bet Yahoo will be the quick target. Sam

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