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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: Mr. Tomatohead who wrote (22140)6/24/1999 12:15:00 PM
From: -  Read Replies (2) of 27307
 
YHOO Intraday Update - Thu June 24

YHOO opened in the mid-150's but along with the general market, has been trading weakly for most of the session. Currently (Noon eastern) YHOO is trading off almost 7 points, and struggling to avoid larger losses at $149. It is critical to hold support in the $148-150 area (at the close), to avoid further followthrough on the downside.

This is surprising to see just 8 days shy of earnings... but it would we wise to consider the scenario that YHOO may not make it's traditional "run", at least in such grand of style as usual, this quarter.

Other internet stocks are getting hammered pretty good today as well.

-PATrader
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