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

To: yard_man who wrote (9928)	4/13/1998 9:08:00 PM
From: bobby beara	Respond to of 27307

Hi Barry, this makes IOM look like a puppy. IOM gained 58% in it's final blow-off stage, whereas Yahoo has gained to date 83% in it's final blow-off stage. When IOM was doing this everyone thought they were going to take over the world too. Yahoo blew off like this in late Sept/early October and think it is a good indicator of the next coming correction as money managers seek speculative plays as the rally matures (also peaked a couple of week before Jan 12 correction). I think it is a catch-up attempt, as most managers are underperforming the averages. Yhoo didn't really start taking off till the S&P started struggling around the 1100 mark. bwdik, bb