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: Mama Bear who wrote (5666)	1/5/1998 12:40:00 PM
From: santhosh mohan	Read Replies (1) of 27307

<<Just the mm's shaking out the weak hands, and taking stock into inventory for the rocket ride to 80.>> Surely you do not refer to SOFTBANK as a weak hand! Since you prefer charts with sustained increases, look at DELL and CPQ. Both have increased since MArch 1997, have surprised on the upside significantly, have announced that their competitive advantage has improved because of conditions in SE Asia and are more sanely valued. Yet they are off their highs. Today's warning by NSCP should have been offset by the positive surprise from E-Trade. Yet, AOL and AOL wannabee Yahoo are down despite a strong NASDAQ composite. I would be very surprised to see YHOO revisit its recent high of 71, let alone 80. BTW, there was a RSI sell signal for Yahoo on its Friday closing price. Still you may be wise in waiting for the 20 day MA to be breached. Good luck.

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