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


To: ALTERN8 who wrote (23351)7/30/1999 12:39:00 AM
From: SLSUSMA  Read Replies (2) | Respond to of 27307
 
YHOO is a bargain at these prices. Now is the time to buy before the next earnings run. I'm new to SI, but not new to YHOO. The best strategy is to buy after earnings when YHOO ALWAYS falls and during these time of economic data woes. Usually, this will be over in 2 weeks and these high flyers will climb once again into September and then sell off.

Don't get too greedy. I am buying some now (50%) at $140 or below. Will buy another 25% at $130 and the finally 25% at $120. I think $120 is about as low as she'll go, barring a recession or war...sell 2-3 days before the actually earnings announce...usually it's good for 20-40% run!

Have been doing this for 4 earnings cycles now. Never fails.