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


To: scott harrison who wrote (2787)11/14/1997 1:03:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 27307
 
*Shrug* Mabey it's from the AOL effect?



To: scott harrison who wrote (2787)11/14/1997 2:21:00 PM
From: Bankceo  Read Replies (2) | Respond to of 27307
 
Dead Cat bounce. All the oversold techs took a bounce back. We went from 54 to 42; 50% retrace to 48. Nothing is straight up or down Time ti SHORT AGAIN> NOW> The stock is so overvalued and has lost its momentum luster.

Target #1: 37

Target #2: 20--longer term if the market does not retest the 8000 area by year end.

Hang tough.......If we go up to 53 again; even better. Short more.

IMHO of course, RICH

One caveat...if YHOO gets bought; it will more likely hold its value---but premium is already in the stock. YHOO is one of the most overvalued.