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


To: - who wrote (23291)7/28/1999 5:19:00 AM
From: Gary Wisdom  Respond to of 27307
 
Lousy time to be in the nets. Just this week (2 days), AOL is down 9.03%, Amazon down 11.84%, Ebay down 7.65% and Yahoo down 9.91%. Guess it's feast or famine with these stocks.

If you bought at the high on July 6th, you're down over 30% on Yahoo in 3 weeks. And they beat the number. Hmmmm.

However, I remember mid June when the bears were laughing and cheering when Yahoo broke $118 (June 15). In 4 trading days, it broke $160 (June 21). Got pretty quiet real fast.

Don't know what the resolution of this net blow off will be, but when things get this one-sided, watch out. Nothing is that easy in this market.



To: - who wrote (23291)7/28/1999 7:58:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 27307
 
>Let's hope for a good "bounce" to erase some of today's worse-than-usual carnage!<

I hope we have a good bounce, so I can sell some more naked calls on the internets!

Hank