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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: VIXandMore who wrote (20143)2/18/1999 6:50:00 PM
From: HECTOR RUBERT  Read Replies (1) of 27307
 
Bill,

I appreciate your comments however, I would not compare AMZN to YHOO. What happened to AMZN was expected and necessary. Their e-tailing model can not be compared to the media content, e-commerce, and directory model that YHOO has successfully launched.

Besides, there is one little fact you failed to mentioned on your comparison......

AMAZON is not expected to turn a profit for the next 3 years.....while YAHOO completed the entire 1998 as a PROFITABLE company.

YAHOO is making REAL MONEY.....and REAL MONEY making companies with leadership brand names and leadership in their respective sectors are perceived as buying opportunities at these levels......

AMZN (LOOSING BUSINESS)

YHOO(PROFITABLE BUSINESS)

Your example is very poor. And support and resistance on a downswing is not the same as in an upswing. REMEMBER the CURVE IS ALWAYS UP....therefore.....the forces are stronger going up than going down....even charts will show you that...

Hector
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