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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: Dwight E. Karlsen who wrote (14213)10/3/1998 1:34:00 AM
From: Bill Harmond  Read Replies (2) of 27307
 
>>it's obvious to me that Bear Sterns needed to juice the stock to get some big money clients out at a better price.

How's it obvious?

Why would big-money clients get out of a stock that is doubling its operating margins (in a declining-earnings environment) and is scoring new highs relative to market on virtually a daily basis? Big money has had ample opportunity and liquidity to get out of this stock, but they haven't.
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