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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: RDR who wrote (22036)6/16/1999 1:35:00 PM
From: -  Read Replies (1) | Respond to of 27307
 
I agree, it was the "big guys" selling short (a lot of insider selling in their selling window, too), a lot of hedging of positions (selling of stock to hedge puts) and Wall Street interest rate/Bond pooh-pahh that drove the nets down so sharply. They key is to be sure they're DONE, before you step in. Looks like now (better, yesterday or day before) to me...

Typical Wall Street double-talk, Cramer was claiming yesterday on his YHOO chat that the nets "trade like a Zero-Coupon Bond", as "long-term priced assets like Bonds" (so they're more sensitive to interest rates). What a bunch of MALARKEY! They are souped-up tech stocks, that's how they trade...

Regards, -Steve



To: RDR who wrote (22036)6/16/1999 5:27:00 PM
From: Henry Niman  Read Replies (1) | Respond to of 27307
 
Paul Noglows, Digital Media Analyst for Hambrecht & Quist, was on CNBC this evening. He called AOL the story of the day. Very bullish on internets and institutional buying. A synopsis of his report is linked to the CNBC Specials page at internetcognizance.com
He was also bullish on YHOO