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: Oeconomicus who wrote (7713)	3/1/1998 12:28:00 PM
From: Bill Harmond	Read Replies (2) of 27307

RD, I think you're running out of arguments and it's time to face the music here. The contrarian argument has been on the bulls' side all along. Yahoo was an over-priced no-brainer sure-fire in-the-bag short, remember? But this week Yahoo ended at a record high on record volume after an eight-week consolidation. This breakout above 71 is on double (split adjusted, too) the volume that started Yahoo's advance last winter. Arguing with this can be bad for one's financial and emotional well-being, unless masochism is a fortifying and centering exercise for you. If you want to register for a short-term free subscription to thestreet.com, there's an interesting story (Thank you, Sal) about the search firms' appearances at the Robby Stephens tech conference this week entitled "Dissing the Aggregators." It speaks to what I'm saying here regarding the building consensus about Yahoo among institutional investors. Regardless of all these facts and opinions, you have to ask yourself, "Am I losing more and more money on my position?" Whenever you discover you're digging yourself deeper in a hole, the first thing to do is stop digging.

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