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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: ItsAllCyclical who wrote (3203)11/24/1997 5:09:00 PM
From: Don Westermeyer  Read Replies (1) of 27307
 
Jim,

Everything you said could have been said the last time it crashed to below $40, too. The market could pop the bubble if it re-tests the October lows, but generally I wouldn't expect YHOO to really head down until earnings dissapoint and institutional selling begins. A lot of stocks completely unrelated to YHOO were down as much as YHOO was today.

This time there is a large insider sales pending that I have not seen yet, and that certainly could make a difference. If YHOO doesn't participate with the market when it starts back up, I'll have to agree with you and be happy that I am wrong! But until then, I'll remain only cautiously optimistic (from a short seller view of course).
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