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


To: Director who wrote (24531)11/30/1999 11:38:00 AM
From: Moose  Respond to of 27307
 
D,

I've been watching this stock for some time as well and have noticed the corrections you refer to. However, for the most part, the corrections come after earnings and in fact trim up to 20% fat. Q3 was different, but I think Q4 will repeat the sell off. I'd cover now and then short Jan 1st.

Think about it, YHOO has consolidated for months. I think the market will let it climb to the high 200's before it takes a serious rest.

I think the downward action you see is normal profit taking, on its way to higher ground. YHOO longs have been waiting for this climb for 9 months.

Good Luck - Moose



To: Director who wrote (24531)11/30/1999 11:47:00 AM
From: Randy Ellingson  Respond to of 27307
 
... it ALWAYS corrects at least 10%, which would be around 200. I may cover then.

Good use of caps, just in case the stock takes on a NEW life of it's own... :-)

Seriously, best wishes in having the stock do what you want it to do. I'm in at 91 and intend to hold regardless of the near term stock price.

Randy



To: Director who wrote (24531)11/30/1999 5:41:00 PM
From: Pruguy  Read Replies (2) | Respond to of 27307
 
I bet your glad you have puts instead of unlimeted losses by shorting the stock



To: Director who wrote (24531)11/30/1999 5:44:00 PM
From: oc  Respond to of 27307
 
Do you know what has happened, on Island Yahoo is trading at 234, up in after-hours market from close around 212-213 earlier today.

I am of the same opinion as you are that the stock was over bought and being in for a correction to at least 200. May be a very opportune time to short the stock?

Good luck!