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


To: LoLoLoLita who wrote (8221)3/10/1998 2:45:00 PM
From: OtherChap  Read Replies (2) | Respond to of 27307
 
>shorting YHOO @ 88

be careful. Yahoo knows the only thing that can keep their stock price at these lofty levels is to announce a split. If we see further weakness today, I'll wager there is a 99% chance they will announce a split before the bell tomorrow.

remember, splits are nothing but psychological games to make investors forget how overvalued your stock is. and yahoo certainly knows how to play that game.



To: LoLoLoLita who wrote (8221)3/10/1998 2:47:00 PM
From: Bob Kimball  Read Replies (1) | Respond to of 27307
 
David, these stocks are late to the party; fewer "investors" know about them. Plenty of people have never used the internet, we tend to forget that here.

ONSL is really a little boutique and in my opinion far more ridiculous as a value proposition than YHOO or AOL. overpriced segment. I suspect ONSL will follow the others down, but it may be one or two days behind. Worth the wait though, it has farther to fall in % terms than YHOO.

Excite has the problem of being a contender rather than a leader in an overpriced arena. It will probably be punished worse than YHOO when the down momentum gets going.