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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: Oeconomicus who wrote (5778)1/6/1998 9:27:00 PM
From: Don Westermeyer  Read Replies (2) of 27307
 
Bob,

I don't do the TA stuff, but someone on Roger's Short Picks says the the stock looks like it is trying to move to the trend line at $65 (where did that come from?)

I personally don't think we will see $80 come earnings, but it might poke back up near $70. Hopefully the insider selling (or fear of) will keep the speculation down a little. Last Q it sold off after earnings so I expect it will do so again.

It seems a lot of people are selling on strength in this market. It's just us shorter's cursed luck that the internet arena now appears to be a 'safe haven'. Oh brother! We should get a break over the next few months though.

Don
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