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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: Zebra 365 who wrote (9454)4/8/1998 8:40:00 PM
From: J. P.  Read Replies (1) of 27307
 
Bill gates personally makes more than YHOO on a 1/16 uptick of Microsoft!

In my estimation, the market is topping right now. Bullish sentiment
is at very high levels. Blue chips are already overstuffed with
capitalization, lots of people have lots of profit on the table out there.

This market and Yahoo are as swollen as a fat chrismas turkey.

Nothing is left to propel tech higher. Yahoo is a MM game.
Not much more good news to come out of bellwether tech. MOT
flopped, Intel preannounced, SEG again a loss, MSFT good
earnings but Justice Dept. woes. Lucent already very fat.

When a selloff comes, and MSFT, INTC, CSCO, et al are shedding
4-5 points a day, and there is panic and mad a dash to sell, I don't
suspect the owners of Yahoo! with huge profits will wait around to
see if their stock can hold up.

Yesterday's drop was just a preview of coming attractions. The
fall with be breathtaking.
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