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


To: Bill Harmond who wrote (9143)4/6/1998 4:13:00 PM
From: Robert Sievers  Read Replies (1) | Respond to of 27307
 
This could be a top in Yahoo. I don't know. I'm certainly not going to assume it is. That's dangerous thinking.

Surely William you would see the logic in placing a stop loss sell order at 93



To: Bill Harmond who wrote (9143)4/6/1998 4:27:00 PM
From: RDH  Respond to of 27307
 
William,
you come across as a nice guy. Your posts exhibit good manners and
good taste.

Sure, no one knows what YHOO will do -- a lot of that depends on the
Earnings news on Wednesday.

On the other hand it seems reasonable to suggest that YHOO is
currently overpriced.

I can not offer advice to you -- for you showed great judgement in
your purchase of YHOO and in holding on this far. I hope that you
make a good decision whenever the time comes.

But the element of risk certainly seems steep for anyone LONG or SHORT
on YHOO at present.

- RDH.



To: Bill Harmond who wrote (9143)4/7/1998 12:05:00 AM
From: Howard Hoffman  Respond to of 27307
 
[[<<You know this is a likely event.>>

BS. I don't know whether its a likely event and neither does anyone else.]]

I beg to differ. That is why I used the words "likely event". I do not KNOW what will be with YHOO tomorrow or next week or next month. But you and I both KNOW that it is LIKELY that this overstuffed turkey is about to explode downside. And the poor dumb slobs buying now will be left holding the bag. And when it really goes down big time, they will hold on and hold on until they finally are puking out their shares about the time that those in the know, the ones who have already taken their profits, decide it is time to ask YHOO for another dance.

Perhaps the bearishness on this thread is a sign that it is not yet time. But think again, William. Which is more likely at this point? 120 or 80? 150 or 65? And if YHOO went to 150, would that increase its attractiveness or just increase the amount of blood that ends up on the floor in the inevitable crash?

At what point do you take profits when you know that you are riding a bubble? 2 years ago, I owned Presstek from 30 to 57 (split adjusted prices). I felt cheated when it continued to 100 (200 before it split). Today PRST is around 15. Now I understand how lucky (not smart) I was to bail out. Someone should write a book about these types of stocks. Chapter 1 - Iomega. Chapter 2 - Presstek. Chapter 3 - Yahoo. You get the idea.

This is going to get real interesting.