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: wiley murray who wrote (14359)	10/7/1998 2:45:00 PM
From: Kailash	Read Replies (2) of 27307

Hi wiley - There is so much money playing in these stocks that it's a big game of chicken. We're now dropping down to 112 on the day of earnings, but this also means we could get a rip-roaring rise in the next hour, or in the morning tomorrow. I doubt this is the last we see of the highs; the way this game is played, it pays to let the stock drop today, accumulate at the lows, and then pump it up again. The danger of course is that some pump will be the last - but I'd be really surprised if we don't get another spike on earnings. The really bad news is for Amzn, which will be pummeled; the question is whether Yhoo can separate from it and rise in spite of its fall. So far it doesn't seem to.

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