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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: fut_trade who wrote (3200)11/24/1997 4:27:00 PM
From: Don Westermeyer  Read Replies (2) of 27307
 
Got to agree with Pete here.

YHOO is down mostly because of the market today, although I think buying had dried up anyway. I guess YHOO is a 'tech' stock although almost YHOO really isn't in the technology business at all (in the same sense as INTC, TXN, etc). Just shows that stocks with low liquidity move fast in both directions. The longs can thank the short sellers at this point as short covering slows the decline some.

>>think we'll be in the mid 50's again by end of December or early January.

Unless Japan starts selling those US T-Bills! That's what the market is really worried about.
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