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

To: Henry Niman who wrote (25893)	10/10/2000 6:35:20 PM
From: MrBuzz	Respond to of 27307

Thank you for the post Henry... Looks like we see YHOO trading weak after hours... $76 as I write. Still think that we see the $62 neckline sometime as a possible near term bottom. Definitely $80 is a key level. Sometimes, when you beat expectations by a penny, you have to scratch your head and wonder if earnings growth maintains its accelerated path. If the analysts say that 12 cents was the expectation, but that figure is not near the accelerate earnings path for continued strong growth, you may think that the "beat" part was fluff to have an excuse to sell shares into. The market has realized that price projections looking one year out are overvalued. I'd be putting my money on much longer term projections when the growth expectations are sensible and stabilized. MrBuzz whats-the-buzz.com