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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: Michael Collings who wrote (7882)3/5/1998 11:17:00 PM
From: PeterGx  Read Replies (2) of 27307
 
Michael:
great assessment of the situation!
<<I do think it may take awhile for YHOO to tank. First the insiders and fidelity and the rest of the big boys have to get out of their stock,...>>

But, with their positions so relatively large to float/volume the institutions will be able to get out only at the pinnacle of bullish exuberance about YHOO.

When this thread turns distinctively bullish, we'll have a good indicator that the time has come for a steep correction.
The final demise however, will still require a bad earnings announcement.

BTW The thought of buying YHOO has begun to involuntarily cross my mind with higher frequency. Judging by the late statements of other long-term bears I am not alone...
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