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


To: Bankceo who wrote (2842)11/16/1997 12:03:00 PM
From: David L.  Respond to of 27307
 
I think it is in a trading range like every other Tech stock. Its a good short at 55 and a good long at 43.



To: Bankceo who wrote (2842)11/16/1997 1:22:00 PM
From: scott harrison  Respond to of 27307
 
Bankceo: <I am sticking with it; with a stop of 55... If it closes before 52 this week ... I'd short some more.>

In other words, if it breaks 52 then we start getting scared? I would think reading the sentiment on this thread, that 55 would be a gift for shorters - 60 even.

And if the momentum boys are playing it for a ride, couldn't that mean when the price drop comes, it'll come even harder?

thanks .... scott



To: Bankceo who wrote (2842)11/16/1997 2:46:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 27307
 
>>> I am sticking with it; with a stop of 55.<<<

Hmm, that's where I'm looking to resell. Has anyone thought that perhaps Yahoo! is in a trading range of oh say 42-55ish?

From David L.>>>I think it is in a trading range like every other Tech stock. Its a good short at 55 and a good long at 43.<<<

Great minds think alike. :)

From William Harmond>>>I didn't say Yahoo is the next Microsoft. Bill was saying every momentum stock eventually crashes, and I refuted it.<<<

I think every stock you mentioned was a great short at one point in time or another. They don't have to be shares of SolvEx at 30 to be a great short.

Barb!