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: Simon Withers who wrote (18171)	1/14/1999 1:31:00 PM
From: Mark	Read Replies (3) of 27307

There seems to be lots of fear built into the Yahoo! stock price right now. Nervous sellers, tentative buyers. As soon as the profit takers filter out I predict the price will work its way back to 400-450 range. The beta on this stock is high enough and the float thin enough that I would bet it could rebound to the 400-450 level within a week or so. Market sentiment on Yahoo! is currently negative, you only need a small reversal in that sentiment to start blasting the stock higher. If CBS MarketWatch IPO blasts off, that alone might be enough to reinstall confidence in the market.

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