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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: gc who wrote (18084)1/14/1999 2:06:00 AM
From: GST  Read Replies (1) of 27307
 
<Didn't Yahoo beat Deutche Bank's estimate? Why is the downgrade now?>

I usually don't post here, but DB's downgrade is not surprising. The big players have been told to spank the inets and put them to bed for being naughty and going up to much and giving the market a bad name. It makes people wonder if the whole market is overvalued and we can't allow that to happen -- it is too dangerous and the market might react too emotionally in a down turn (which we had a small taste of this morning). Do you know who DB is? Do you know the favors they owe to Greenspan for bailing them out of bad positions in the last year or more? This has nothing to do with analysts or buying back shares later. They have all been quietly told COOL IT if you know what is good for you. Now I am saying it too. From here on the trend is down.
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