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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: Cajun who wrote (17635)1/12/1999 4:26:00 PM
From: FR1  Read Replies (2) of 27307
 
IMHO
People will buy because:
1) The longs will hold.
2) The people looking for blue chip internet stock will buy.
3) Despite seasonal nature of ad buying, the web is continuing to grow tremendously.

The people looking for a quick kill will sell because:
1) Beat the street but only met the whisper did not stomp it.
2) 2:1 leaves us in the hundreds of dollars/share.
3) Christmas advertising season is over they think this will decrease revenue (they are short sighted and ignore the growth of the web).

Probaby more sellers than buyers for a week. Then it picks back up. It will be interesting to see how the increased number of individual buyers influence this. Seems to me it is a plus because they are looking for long term blue chip internet stock vs the quick short term killing.
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