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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: Bill Wexler who wrote (733)6/14/1997 3:23:00 AM
From: Bill Harmond   of 27307
 
>>This is a 2 year old company and a very large number of insiders are running for the exits very early in the game. I don't mean any disrespect...but if this doesn't give you a clue that going long at these price levels is like begging to have your rear-end handed to you on a platter, then I don't know what would.

This level of insider selling doesn't concern me. Imagine the fresh stock options these insiders are getting. Cisco Systems went public in 1990. Go back and look at the insider selling since then, even early on. Insider selling doesn't say much most of the time...not like insider buying does.

No disrespect taken, but you use alot of emotionally-loaded language: "running for the exits", "begging", etc.

I assume you study Yahoo's stock chart. The stock has tried to fail on several occasions so far this year, and hasn't been able to do so, even during the small stock rout from February until late April. The worst it has done is close upside gaps in the chart.
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