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


To: Haolin Ni who wrote (3068)11/21/1997 11:40:00 AM
From: Don Westermeyer  Read Replies (1) | Respond to of 27307
 
I don't think YHOO will make new highs (otherwise I guess I would cover). YHOO often trades very independantly from the market, so I don't get to worked up over a rising market. I imagine investors will have a hard time pushing the Dow over 8000 for any length of time over the next few months anyways.

IMO it would take exceptional earnings or some other big event to actually push YHOO to $60. A lot of good news (like the next five years) is already in the price.

I wonder if those insider shares were sold yet. I just can't believe they slipped them into the market unnoticed, especially as YHOO continued to rise!

Don