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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: Geoff who wrote (13906)9/23/1998 4:48:00 PM
From: Bill Harmond  Read Replies (2) of 27307
 
I'd buy AOL and a smaller amount (say, a 1/3 position) of Yahoo, and add to Yahoo on weakness...but I would indeed initiate a partial position even at this price.

That downdrade by an analyst at Chatfied Dean doen't bother me. The stock is telling the story, and today's breakout was impressive. Yahoo is leading Dell, Microsoft, and Cisco to record highs. Technically that is very powerful.

Greenspan was as clear as ever today about the need for lower rates, and Yahoo's earnings engine is gathering horsepower. That is a potent combination.
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