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


To: Oeconomicus who wrote (8566)3/18/1998 9:15:00 PM
From: Bill Harmond  Respond to of 27307
 
>>this hole is pretty deep already and I'm pretty tired from digging.

So stop while you can still climb out.



To: Oeconomicus who wrote (8566)3/18/1998 9:16:00 PM
From: The Vinman  Read Replies (1) | Respond to of 27307
 
Bob, the way down for YHOO will not be a straight drop...too many shorts to cover out there in stock land, but ultimately YHOO will make it back to 60, basically where this uptrend started. YHOO is experiencing some short term consolidation, and usually this pause in an uptrend would be the prelude to new highs, but volume is weakening and valuations are extreme, so the next move will be down. YHOO actually started to break down today but there was a general rally in the internet stocks and as has been the case lately the market rallied in the afternoon. YHOO may retest at 92, but big MO is starting to crack.

Vinman