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

To: Judy who wrote (5329)	12/30/1997 6:58:00 PM
From: Bill Harmond	Respond to of 27307

>>Are YHOO's RSIs decreasing as it makes each new high? I use the 22-day RSI, and it looks fine. I was talking about Yahoo with a friend of mine today (who works in the OEM sales division of a legendary, but un-named, Internet software company based in Mountain View) who deals with them. My wife bought back her April 55 calls at a four-point loss yesterday to take the tax loss and how her position is unhedged again and I think she's a sitting duck. So I wanted to talk it over with him. My wife says she can always sell calls again if necessary, and my friend says that he's beginning to fully appreciate the business opportunity Yahoo has. So there. You place your bets and take your chances. I personally think Yahoo is extended. However Iomega and Netscape didn't top out until they traded at 2x their 50-day averages. That equates to 110 for Yahoo.