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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: Glenn D. Rudolph who wrote (18766)1/21/1999 7:36:00 PM
From: Moose  Read Replies (2) of 27307
 
Anyone else notice what happened to YHOO exactly 3 months ago after earnings? It dropped about 25-30% off its peak and then started an orderly march back up. Within one month, YHOO was trading back at its peak level. If you call 440 a blip and 400 a more fair peak level, then we're currently down 33%. Considering Brazil and a multiple of bad press re: inet stocks (especially today...), I'd guess we're on or very near bottom. I'm betting Cramer is starting to buy back in right about now. Given a great quarter, acceleration of page views and advertising client list (>2200 now), this company will recover within 1 week and start another orderly move upward.

I was out at 400 and now back in at 340 (ouch), 320, and 312. I thought about selling out after today, but heck, its probably too late - I've lost my money and betting on tomorrow being the hard bottom before the climb back to respect. I'm hanging in there. See you back at 400!

-Moose
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