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


To: Robert Sievers who wrote (8090)3/9/1998 5:10:00 PM
From: yard_man  Respond to of 27307
 
Don't know whether you're joking or not? If not well, P.T. Barnum said ...



To: Robert Sievers who wrote (8090)3/9/1998 5:11:00 PM
From: Bill Harmond  Respond to of 27307
 
>>Just ask William Harmond, no price is too much to ask for this stock.

Watch it. Speak for yourself.

The group is rallying for good reason, but even though I'm not selling any I don't like this unsustainable rate of change. It's unstable, but going the right way. The weakness in most other areas of technology are giving the sector funds few buying choices for proceeds and new money.

This reminds me of late 1995 when the broad tech market was in steep correction and the Internet tools companies (Netscape, Spyglass, Macromedia, etc.)were in a similar rally to this. Eventually there was a month or so when everything was weak, before the tech sector bottomed in Feb/Mar, 1996.



To: Robert Sievers who wrote (8090)3/10/1998 8:10:00 AM
From: RDH  Read Replies (1) | Respond to of 27307
 
None of the buyers have exit criteria, so there will NEVER be any selling pressure.

That's a pretty strong statement. NONE of the buyers? NEVER be any
selling pressure.

Now that the momentum playes have thrown there hats in the ring on this one we can expect a precipitious fall in the next few days.

I would never recommend shorting this stock.

But how can anyone seriously recommend buying at these prices?

- RDH