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

To: fut_trade who wrote (3200)	11/24/1997 4:27:00 PM
From: Don Westermeyer	Read Replies (2) \| Respond to of 27307

Got to agree with Pete here. YHOO is down mostly because of the market today, although I think buying had dried up anyway. I guess YHOO is a 'tech' stock although almost YHOO really isn't in the technology business at all (in the same sense as INTC, TXN, etc). Just shows that stocks with low liquidity move fast in both directions. The longs can thank the short sellers at this point as short covering slows the decline some. >>think we'll be in the mid 50's again by end of December or early January. Unless Japan starts selling those US T-Bills! That's what the market is really worried about.

To: fut_trade who wrote (3200)	11/24/1997 5:00:00 PM
From: Slaran	Respond to of 27307

>I don't think so. A lot of tech stocks are down today. YHOO will >probably go down lower this week. But this quarter's earnings will be >strong, and we will probably have good news regarding >Yahoo! Korea , in addition to earnings from Yahoo! Japan. I think >we'll be in the mid 50's again by end of December or early January. If I were long, everytime that YHOO gets knocked around (like today) I'd worry that it's down for the count. It's very interesting watching intraday trading of YHOO. It "spurts" in either direction, then sits at a price for awhile. It also has one of the greedier spreads, typically. -Slaran