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


To: Robert Goosmann who wrote (3884)12/8/1997 12:51:00 PM
From: Don Westermeyer  Respond to of 27307
 
Goose,

Do you really think it will gap up without support from the market?

I have other (long) positions that are up even stronger than YHOO, mostly on no news either. (I don't consider most YHOO PR to be news).

I'm of the opinion the YHOO rally is just riding the market (just like I did when it when down in the last market down turn). I'd be much more worried if YHOO broke out in a flat or down market.

YHOO had an opportunity to break out after last earnings and it didn't. That might have been when Vinik was playing with the stock though.