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


To: Oeconomicus who wrote (5784)1/6/1998 10:38:00 PM
From: Rational  Read Replies (1) | Respond to of 27307
 
Bob:

The blanket strategy of flight to safe stocks (not caught by the Asian flu) has stopped as of yesterday when the market did not budge much even with an expected decrease in the interest rate. [Of course, most investors may not know Yahoo!'s connection to Asia.] Smart money has been travelling to US Treasury and cash (money market) and this trend is accelerating. Now, the buzz word in the Wall Street is corporate profitability.

<< "flight to safety" into Yahoo! and Amazon. LOL

Sankar



To: Oeconomicus who wrote (5784)1/6/1998 10:52:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 27307
 
Bob,

I think maybe the $65 is the 10 day average from the graphs I was looking at. I don't read too much into it.

Oh yah, that right, you have options. Well, that's how it goes with them - make a bunch or often loose everything. What options are you holding?

Don