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

To: slipnsip who wrote (10971)	6/4/1998 2:16:00 PM
From: Bob Kimball	Read Replies (1) \| Respond to of 27307

David, not debating the ludicrous valuation! BUT, there is a big big crowd out there who refuse to see that the "perfect world" scenario has died and along with it the big momentum moves that go with it's star story stocks. So, this crowd will try their darndest to move YHOO up on earnings. The earnings will easily far surpass last quarter's, and that's what the rose-glasses bunch will key on hoping for a repeat of the spring. Again, my bet is that there will be a big YHOO rally after this first wave of techstock correction works out, but ultimately it will be marked as a retracement/failure.