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: Bill Harmond who wrote (12637)	7/11/1998 12:57:00 AM
From: Sonny Blue	Read Replies (1) of 27307

>> T/A has me accumulating semiconductor stocks now. Applied Materials pre-announced this evening. I don't think Intel & other semis will spare better next week. I've worked in semi for the last 14 years and this time I suspect the down cycle may be a long one because the recent up cycle (91-97) was quite long as well. Most of investors I know could not wait to get back to semis. But I'm afraid the over-capacity and Asia problems will not be all resolved till the end of 1999. On Yahoo: I think it may hold steady here (180's) for a while. (Softbank buy point?) I don't think it soon goes down in 160's where I'd like to buy again. Remember it went from 129 to 99 in the previous correction, so I hope it would do the same this time.

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