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


To: craig crawford who wrote (7017)1/30/1998 2:01:00 PM
From: Keith J  Respond to of 27307
 
Internet ratings FWIW:

Excite Inc. (XCIT) 42 3/4 +1 1/4: Volpe Brown reiterates its "strong buy" rating on Internet search engine concern and raises its price target from $46 to $55 a share.....

KJ



To: craig crawford who wrote (7017)1/30/1998 2:31:00 PM
From: PeterGx  Read Replies (1) | Respond to of 27307
 
<<I told this thread before, you guys need to pretend like your capitulating or are wildy bullish. As long as the bears disrespect the power and strength of the almighty YHOO they will be punished.>>

Craig: could you explain to me what the rationale is behind this paragraph.
Thanks!
PeterGx

PS How did you get all these pictures in your profile?



To: craig crawford who wrote (7017)1/31/1998 7:38:00 PM
From: Howard Hoffman  Respond to of 27307
 
Watch carefully. Sorry to make a bearish observation and possibly jinx the shorts. YHOO is still in a decending pattern from the 71 high. The recent pop is right within a decending channel. It certainly looks like someone has figured that it is time to get out, but they are too smart to continue selling for two many days in a row.
By switching to buy for a day or two, they get the momentum investors who think this is a buying opp to buy. Then, the short-term shorts cover, creating a nice little rally. If this theory is right, then, they should be back to selling very soon, and the next leg down will begin. Next time, they will have to go lower.