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


To: RDH who wrote (8234)3/10/1998 4:23:00 PM
From: Oeconomicus  Read Replies (2) | Respond to of 27307
 
RDH, I hope you are right, but I've heard "this is it" so many times now that I certainly won't climb out on that limb.

It is worth noting, though, that as these stocks were retreating from this morning's peaks, the more tangible tech stocks were recovering from their lows. All except CPQ did well and even that one ended with only a steenth lost.

It's amazing how fast sentiment shifts and money moves from one sector to another in this market. Surely it's not just the bears who are getting burned. Small investors trying to follow this hot money around must be getting burned too.

Bob



To: RDH who wrote (8234)3/10/1998 6:04:00 PM
From: Bob Kimball  Read Replies (1) | Respond to of 27307
 
Officially? A good wager, though.

All T/A folks will see a textbook key reversal in YHOO today... one of the most reliable indicators of trend change the other way, fast.

We'll see though, there will be plenty of analysts around to flog this stock... what a bargain, you can pick it up more than $5 under it's alltime high!

Let's watch its behavior after the opening surge is finished tomorrow.



To: RDH who wrote (8234)3/10/1998 11:33:00 PM
From: The Vinman  Read Replies (2) | Respond to of 27307
 
As I have stated before, YHOO is a valuation joke: 4.7 Billion in market cap for a company with 25.1 mill. in revenues in the last quarter, a price to sales ratio of 71.2!!!!!!! Do people really believe there is value there????

Vinman