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


To: Mama Bear who wrote (3800)12/7/1997 2:46:00 AM
From: Bill Harmond  Respond to of 27307
 
If Yahoo misses in January the whole market should go up, because the inverse happened in October. Plus, Yahoo is sucking up most of the fresh money right now. :)



To: Mama Bear who wrote (3800)12/7/1997 2:59:00 AM
From: Dylan  Respond to of 27307
 
<<You think the whole market will drop in January just because YHOO misses estimates? I don't think YHOO leads the market.>>
Don said so: Message 2562516

Of course it will, Barb! Everyone knows that Yahoo! is THE most widely known brand in the world =)

Seriosuly, though, Yahoo went up the few days before earnings, and then dropped the few days after the report was released. This wasn't the $10 drop on Grey Monday. They were down consistently from October 8th until the 17th or 20th, then rose for a few days before the problems really started to occur. Some of this drop was due to the Asian market problems, but most stocks did not go down every day during that stretch. MSFT went up the first four days of that YHOO drop.