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

To: ItsAllCyclical who wrote (3209)	11/24/1997 6:14:00 PM
From: Don Westermeyer	Respond to of 27307

Jim, Another thing that caused the stock to pop last Q was the fact that YHOO became profitable. That triggers a buy signal to a lot of investors. I've seen that happen often before and had I remembered it I would have waited until after earnings were announced to short the stock. Like I said, I hope you're right! Actually I've lived through more pain with AMZN and AVNT than I ever did with this stock (knock on wood). I can wait it out a few quarters which I'm sure will prove you correct about the growth rate. A few other internet high fliers have cracked, mabey YHOO isn't far behind. I actually didn't think it would go above $48 again after the last dunk to $40.