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

To: nlam who wrote (24408)	11/12/1999 10:02:00 PM
From: Director	Read Replies (2) \| Respond to of 27307

A split doesn't mean a stock is going up at all.. it just means the price gets divided by as many shares as you get. Sometimes the price goes down! TYC split two weeks ago and was named ML's "Focus 1" stock of the week...and they are now below the pre-split price. In case you haven't noticed, there are other Internet "momentum" stocks that most people are playing now, and YHOO is not one of them. YHOO was up today on less than 4.5 million shares. If/when any "real" sellers show up... well, you know what will happen. YHOO is a "range" stock now, and its range is 150-200. Sell now and buy back at the lower end... then repeat this until something major happens in the market to change this cycle. I have been a very successful YHOO trader. I don't plan on being any less successful this time. Good luck and good trading.