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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: CoffeePot who wrote (26691)10/10/2001 10:30:03 PM
From: SouthFloridaGuy  Read Replies (1) of 27307
 
Stockalysis, stabilization at negative earnings eventually leads to bankruptcy, just ask ATHM about it.

Slight improvement from negative earnings leads to slight profitability in which case YHOO is still overvalued.

YHOO stock follows similar patterns and I notice that when people decide to write back to me, the stock is nearer a peak than a trough.

The last time I got two messages on YHOO in my mailbox it had rallied from 13 to 23 and I was being made fun of (just like when I called the short at 90 last year and it rallied to 100).

I suspect that if the pattern holds, we should see a nice little rally tomorrow with a top around 12.5 and a new downtrend occuring by November.

There's a great article on the market's myopia, check it out:

quote.bloomberg.com

YHOO will hit $5 and Nasdaq will see under 1000, it's as guaranteed as bin Laden getting his butt whipped.

Message 15800313
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