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: Smart Investor who wrote (16081)	12/18/1998 4:00:00 PM
From: Nelson Chang	Read Replies (1) of 27307

Merril Lynch has a lot of guts putting a $50 price target on AMZN also. They have the largest client base of all the brokerages, so you know that their motives aren't just fundamental. Because everyone knows that you can't argue w/ the market, and the market is valuing these stocks at very high levels. You can't help but wonder how many of their clients are short AMZN, and if the $50 is one way of "protecting" their clients' interests.

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