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

To: Sonny Blue who wrote (9776)	4/11/1998 2:25:00 AM
From: FDHIII	Read Replies (3) \| Respond to of 27307

To all... Like many I was swooped up by the news of the big movement on thursday, but I have a question of anyone who would be kind enough to answer it? If one had to make a play on Yahoo, to either buy on Monday or wait for a pullback? What would be some ideas for the buy on this one? Regards and thanks Franz-

To: Sonny Blue who wrote (9776)	4/11/1998 2:49:00 AM
From: Bill Harmond	Read Replies (2) \| Respond to of 27307

I originally bought Yahoo last May at $21. I sold it in August at $38, when I got out of the market because of the Far East. I was lucky to buy it all back at $41 during the October crash, and sold it at $58 in early December, thinking it had become too expensive and the rest of my portfolio was going down for that final early-December leg of the correction. I bought it all back again in late January at $60, and (tired of relying luck to get barely whole again) have decided not to trade it except if I think we're in for an intermediate decline. I'd consider selling or hedging Yahoo if it looked to me to be wildly extended (like 2x its 50-day average...currently 78), or if long term interest rates backed up past, say, 6 3/4%. Otherwise, pending a change in fundamentals, it's just put away. I think it's a wonderful, rare opportunity, even at $114. I was encouraging some friends to buy at least some as late as Friday. My wife bought Yahoo for herself at $21 last May and has kept it all along, but sold some calls against it last Fall. I can't remember exactly how she did with them...I think she lost a couple points. She's been showing me up...she's probably lost two points of opportunity, and I've lost five. I'm guessing Yahoo's management has decided against a split for now, just to dampen exuberance. I think Yahoo needs to catch its breath and consolidate its advance. This leg has been a double. Triples are rare, though Yahoo's leg last summer was nearly so. Technically, on a log chart, there's a long term trend channel with the support way down at at 64 and resistance at 125 or so.