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


To: Jeff Dryer who wrote (23221)7/23/1999 7:12:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 27307
 
Jeff, I am long Yahoo and am bullish on it (if this "correction" ever ends). However, if you take out the first 2 days of the year when Yahoo exploded upwards, Yahoo is actually down for the year since then. Considering that the Naz is up over 10% (I don't know the exact figure) and that Yahoo has beat estimates every quarter, this concerns me somewhat.

I consistently see 100K share bids on AOL. I never see them on Yahoo. It just makes me wonder if the institutions have abandoned it. We'll know by the end of August for sure.



To: Jeff Dryer who wrote (23221)7/23/1999 7:20:00 PM
From: Danny  Respond to of 27307
 
Jeff, agree completely that YHOO "could" be in a major bear trend by
year end, and it could be just a short-term correction by year end.

The key word here is "could". Anything could happen on WS. I am
just not comfortable with a major or definite or <whatever fancy
name here> bear trend being called when in fact YHOO has never "really" dipped below its 200 day MA since its IPO.
Call the bear trend when it is obvious, don't predict it.

Also agree on the competition part of your post. The key to
YHOO's success is its own execution. At least so far, YHOO
management team has executed extremely well. Before that changes,
nobody can get a single share of YHOO from me.