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: Goinlong who wrote (17345)	1/10/1999 8:05:00 PM
From: CookiePuss	Read Replies (1) of 27307

<<<Going for the holy grail Monday AM...5,000 YHOO and 5,000 CMGI. With splits, estimates (YHOO will beat street by .005), and general frenzy a 50 point move in both (or a 100 in one) and my kids have a stay at home dad full time!!!!! Come on YAHOO and CMGI, do it for the kids!!!! ON MY KNEES PRAYING, GOINLONG >>> I would think twice about this strategy given it's poor risk management. YHOO historically beats street estimates but falls the day after earnings are out. Why not limit your risk and wait until their #s are out? Given they are most likely announcing a stock split with earnings the stock will move higher the weeks before the split anyway if the street reacts positively to their earnings. If there's a selloff you can buy on the dip and get in at the bottom rather than the top. A much safer play IMO. I'm holding off on buying YHOO for the reasons above, I will also sell all AMZN shares by end of day Tuesday. In this type of mania I want to make sure I'm the first one out the exit door when the house really does start to burn down. We shall see. In any case, good luck.

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