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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: Glenn D. Rudolph who wrote (14265)10/4/1998 6:33:00 PM
From: OtherChap  Read Replies (3) of 27307
 
> YHOO: BEAR STEARNS changed recommendation from Hold to Strong
> Buy on 10/02/98

And they started Amazon with a strong buy as well, but they didn't even ATTEMPT to give a reason behind the Amazon upgrade- at least with Yahoo they made the laughable reason of "A price target of 160, assuming a 70 P/E in the year 2002"..

Also, of course, this had nothing to do with the fact that Bear Stearns was selected to "move" the 3 million shares of amazon that insiders filed to sell on 10/02/98.
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