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

To: brian z who wrote (25560)	5/30/2000 11:25:00 AM
From: brian z	Read Replies (1) \| Respond to of 27307

Could it be that this sleeping giant is about to wake up?. It's certainly possible. We are just over a month away from the next round of earnings reports and traders expecting a move up into earnings. Technically, YHOO is approaching oversold territory according to several different indicators. Friday's 2.5% decline shows YHOO definitely in an oversold condition when checking intraday charts. YHOO is sitting near a support level last visited in mid April, and in early December, prior to exploding to its all time high in early January. Some analysts are quick to point out that at current levels, the Internet giant could be attractive to short and long-term investors alike. A move through $116 supported by strong volume would be positive. The company held its annual stockholders meeting on May 12th. On the agenda was a request to increase the number of authorized shares from 900 million to 5 billion. The company's last split came on February 14th. Although the price of their stock has certainly changed, so have the market conditions and investor sentiment. With earnings scheduled to be reported on July 11th, a split announcement may be in the works as well. Just a wild guess.