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


To: Roger who wrote (22255)7/3/1999 4:39:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 27307
 
IMHO, between now and earnings release we will see a $ 200! If earnings are a blowout and beat the "whisper number of $ 0.09 " by a good margin even $ 250 is possible! $ 274 is the target high for the next few weeks! If earnings are $ 0.08 and below even a quick $ 150 is possible. YHOO will meet or beat the whisper number, IMHO. If you are day trading, I would buy first thing Tuesday morning and get out before earnings release on Wednesday, for a few quick bucks. If you have the stomach, then trade after earnings are released. YHOO can freak you out like last time ($ 40 point rise before earnings!) - so watch out!
Also watch the volume increase - if the slope of incraese is steep - that is the period in which prices can gyrate!



To: Roger who wrote (22255)7/3/1999 6:19:00 PM
From: GCAT  Respond to of 27307
 
The only way yo play it is to kick back and monitor the stock all day for the next 2 trading sessions. Last quarter, this stock peaked out before the earnings report, and did nothing but free fall after that. IMO, it has already come close to the peak, and will not go much higher. The Geo Cities takeover made Yahoo change their policy about web content, and I am not sure how this will effect their buisness model. It might be taken by the investors as a lack of foresight by Yahoo management, and the investors might want to withdraw until better decisions about expanding this company can be made. Going from 178 to 240 in 2 days is possible, but I say it's unlikely. I sold my position at 177. Bought in at 155 and 130. I'm out.