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


To: - who wrote (23070)7/16/1999 4:49:00 PM
From: Gary Wisdom  Respond to of 27307
 
Steve, there's a big internet conference this weekend. Mary Meeker will be there, along with all the internet big shots including Koogle. It runs Saturday through Tuesday. So, the bears better be smart and cover at this point. Any good news at all from Koogle, and with all the selling pressure recently, this stock should shoot up fast. Real fast.

I had erroneously thought that max pain was at $160. It's amazing how fast they can tank this beast. Obviously, the market makers were long puts and short calls. They won this round. Hope it's their last.



To: - who wrote (23070)7/16/1999 4:51:00 PM
From: Gary Wisdom  Respond to of 27307
 
Not that it makes me feel any better, but did you notice how the bastards pinned AOL at $120? They threw 1MM shares out at the close, just like with Yahoo, to pin it. However, with Yahoo, I knew we were dead ducks when the volume was so pathetic all day. At least with AOL, they gave it a decent fight. Yahoo gave up the ghost without one.



To: - who wrote (23070)7/16/1999 5:19:00 PM
From: Paul Viapiano  Read Replies (1) | Respond to of 27307
 
<<<<"... as you observed, it is an ugly, ugly, sideways to down choppy kinda' chart. The kind of chart a piece-of-junk company should have. Maybe the chart is telling us something!!>>>>

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Ye of little faith!

I know, I know....you're a trader. ; )

Paul