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

To: OtherChap who wrote (9250)	4/7/1998 11:35:00 PM
From: Bob Kimball	Respond to of 27307

FLASH! YHOO whiplash victim in high-RPM sector rotation... Well, YHOO's had its 15 minutes of fame. Now moving on briskly to banking and finance. Where to from there? Better be quick or be dead! All I can say is that the impressiveness in point-gains of these maniacal binges is matched only by the narrowness of their breadth. The market is close to a big turn. The DJI is getting a massive nonconfirmation from NASDAQ, DJTrannies, RUT2000, AMEX, etc. YHOO will go out with the tide of this massive nonconfirmation, along with many other mo-mos. Still, you might get a blazing long trade out of Wednesday...

To: OtherChap who wrote (9250)	4/7/1998 11:39:00 PM
From: Bill Harmond	Respond to of 27307

>>I invested every penny I had, leaving only a small amount of upside potential in my margin balance to keep me from getting a call should it rise a bit. (the call would have been made at 115, btw) You could score big, but I think this is a foolish position to be in. You have left yourself no way out. What would you do, lets say, if after Yahoo rallies three tommorrow, they blow out earnings, split the stock 3:1, and the stock gaps 11 on the open Thursday? Would you (or could you) still hold out for a big decline? You've bet all your money.