Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: fut_trade who wrote (4683)	12/18/1997 1:38:00 PM
From: scott harrison	Read Replies (1) of 27307

Peter: In addition to earnings bringing down the Yahoo price, a broker friend of mine at Schwab told me today January will bring down the price. I just casually threw out Yahoo and said whaddya think about it... He postulated that the MM's were manipulating the stock until year end since it is up 300 percent. It makes their portfolios look great, and come first week of January "they'd be crazy to stay long." He said the money will be hunting for bargains in this market, not on a stock with SO MUCH downside risk. His guess was low 40's by earnings, then without an earnings surprise, low 20's after earnings. He also said no MM would dream of buying the stock above $20 in January. FWIW. scott

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next