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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: Roger A. Babb who wrote (12211)7/8/1998 5:58:00 PM
From: Andrew Fenic  Read Replies (4) of 27307
 
Profit taking is imminent.

$.15 per share when shares are priced at $185 + ?! $8 million in profit against a market cap of $10 billion?! Pathetic numbers. If it were any other company, Yahoo would lose 75% of its value on the open.

What the news WILL do is keep shorts away. With nobody left to squeeze, the street is going to take profits over the next 7-10 days.

We will see $150 before next Friday. Bank on it.
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