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


To: Bill Harmond who wrote (8001)3/8/1998 4:25:00 PM
From: Michael Collings  Read Replies (1) | Respond to of 27307
 
<<Since Yahoo is at 80, and we've just seen post 8000, any speculation where Yahoo will be trading when we read post 10,000?

At 4000 Yahoo was at 58. At 2000 Yahoo was at 51. At 1000 Yahoo was at 33.>>

I don't know William, from the trend, it's odd that YHOO is only at 80 on post 8000...... Could this be a sign I wonder???? Maybe at post 10,000 it will be at 10?

Yeah I do remember all the excitement on the post numbers. Must be a whole new crew here now.



To: Bill Harmond who wrote (8001)3/8/1998 4:52:00 PM
From: Howard Hoffman  Read Replies (2) | Respond to of 27307
 
<<I just realized how stupid this is! >>

On the contrary. Internet stock being hyped on the internet, as it goes off into the stratosphere. The more on-line geniuses making money off a stock like this, the easier for the big players to exit just before the crash. The higher this one goes, the scarier the eventual crash will be. I cannot imagine a soft landing for this high orbiter. However, I am not calling when.

I remember when Presstek ran from around 110 to 200 (pre-split) and then crashed. That one had a good following on Motley Fool. I lucked out and exited that one at about 115. As I watched it soar, I thought that I was a fool. Post-split, it sells for around 24, last time I looked, equivalent to 48 pre-split.

Anyone growing complacent on YHOO should study some charts like PRST, Oxford Health (OXHP), Electr for Imaging (EFII), Adaptec (ADPT), etc.