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: Zebra 365 who wrote (9830)	4/12/1998 1:49:00 PM
From: Bill Harmond	Read Replies (2) of 27307

>>I may yet get the chance to buy it at $60. You're thinking bullish on Yahoo. Great. I can see it in the 60's because that's where the trendline is, but I seriously doubt it will go there any longer unless there's some larger market event. Not after Wednesday. David Readerman (a GREAT analyst) at Montgomery went to a hold rating last October in the 50's because of price. Wednesday night he switched back to a buy rating at 98 and added that Yahoo should be part of every growth portfolio...all on the evidence of the company's accelerating reach and cash flow. I think David opinion change is symptomatic of a new sea change in the Street's assessment of Yahoo.

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