Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: ItsAllCyclical who wrote (3603)	12/5/1997 1:28:00 AM
From: Bill Harmond	Read Replies (2) of 27307

>>At these levels it's always small buyers. Many mutual funds own the stock for long term purposes, but few if any are adding at these levels. (Just an opinion). You're right. An ascending wedge formation on declining volume is generally bearish. However there is record short interest of 4,000,000 shares to buy at the market above 59, and the float is 6,500,000 shares. This is some potent brew. It could go either way. I'm keeping my Yahoo weight at 7%.

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