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

To: Jean M. Gauthier who wrote (22142)	6/23/1999 5:49:00 PM
From: Shafik Habal	Read Replies (1) \| Respond to of 27307

Jean, here's what happened. Some Yahoo (no pun intended) told Pissani (who subserquently related to Insana) that the long bond yield may go to 7% due to a possible 50 basis hike at the next FOMC. Aside from the normal bearish tone that occurs during the Insana hour (due to massive program selling lately and strangely enough the commentators that are invited), today Ron Insana basically ripped everyone a new one. I totally agree with Cramer, these rumors and ridiculous assertions are getting out of control and Ron did well in slamming them. They're pushing their luck now being short and hitting the market in the last hour w/ the NDX puts. The rebound was convincing, even if on modest volume. Gotta love it. Regards, SH