Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Douglas V. Fant who wrote (2973)	11/19/1997 1:49:00 AM
From: Bill Harmond	Respond to of 27307

If Yahoo got to 42, I'd consider it too, but only in light of the overall market tone, particularly the Internet commerce sector. Several stocks I follow are breaking out here. I think your assessment of a rally is right on, as long as the Far East doesn't derail it. I've done a ton of buying this week, so I hope you're right! I'm amazed how well the dreaded South Korean market is holding up. This recent rally has taken most averages right up to their 50-day averages(with the exception of the Software Index, which broke above it). A case can be built, then, that this was merely a counter-trend rally in an unfolding bear market. ...or, now that the market has run-in all the November put-buyers from the last two weeks, it's going to spend the next three days wiping out last week's November call-buyers! Since it's the market's style to prove the most people wrong, Yahoo is probably going to fool all of us and break above 59! Then I'll have to hear it from my wife, the Yahoo long-termer. She's the one sleeping soundly right now.