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: Michael Collings who wrote (7991)	3/8/1998 1:59:00 PM
From: Bill Harmond	Read Replies (3) of 27307

Your analysis is quite extensive but I think it boils down to the fact that fundamental demand is stronger than supply. Yahoo couldn't be at 80 without real demand, and the increase in institutional holdings shows that it's far more than technical demand. A consensus is building among institutions that Yahoo has taken the category. I think the best strategy is to play Yahoo long, hold it and buy a little more here and there on weakness. I'm sure there will be plenty of 20-30% and a (very) few 40-50% corrections along the way. There will also be legs in this stock when it doubles and triples.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next