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

To: Bald Man from Mars who wrote (23276)7/27/1999 4:32:00 PM
From: john douglas  Read Replies (1) | Respond to of 27307
 
All the high PE nets crumbled in the last 90 minutes. CNBC's Tom Costello suggested AOL, AMZN, YHOO might have been hurt by a rumor T will lower internet access charges. Don't quite follow that! Sure might be a negative for AOL (though AOL doesn't really compete on price), but would seem to be positive for AMZN and YHOO. Maybe it was just computer driven program trading moving money from internet tech to blue-chip tech like AMAT, INTC, CSCO, MU, LU etc?

jd



To: Bald Man from Mars who wrote (23276)7/27/1999 4:37:00 PM
From: Danny  Read Replies (1) | Respond to of 27307
 
It maybe a fake, it maybe real. I don't want to predict here
as things could go either way.

But, if YHOO is kept below its 200 dma for the entire week,
I am afraid a big sell-off is coming once the neckline is
broken at 120.

But, I still have my faith in YHOO.


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