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

To: 10K a day who wrote (26435)	3/7/2001 11:34:30 AM
From: ztect	Read Replies (1) \| Respond to of 27307

Yahoo! Shares Halted on Expected News Mar 7 10:27am ET LOS ANGELES (Reuters) - Shares of Internet portal Yahoo Inc. fell sharply early Wednesday before trading was halted on the Nasdaq due to news pending. Prior to the stock's halt, shares of Yahoo had fallen $1-13/32, or 6.3 percent, to $20-31/32, their lowest level since September 1998. The company was not immediately available for comment. Merrill Lynch analyst Henry Blodget, once one of the biggest Internet bulls, questioned the company's decision to cancel its appearance at the brokerage's Internet Conference later in the week. In a report on Yahoo, he suggested the company was planning to give guidance on its earnings or announce a restructuring, its intention to acquire another company, it is entering into a strategic investment or it is making a major management change. The First Call/Thomson Financial consensus analyst estimate for Yahoo's first quarter is 5 cents. Besides Blodget's report, there was no indication that the news release would be about earnings ======================================= Question why isn't this scum Henry Blodget in jail? This is the same guy who made wild price projections for AMZN, lining his own pockets w. 15 mill last yr, while using his analyst's pulpit to preach to the naive and get them to invest in stuff already overvalued. Now re: YHOO, he "suggested" based on what? Inside information?