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


To: Big Al who wrote (11912)7/7/1998 7:00:00 PM
From: OtherChap  Read Replies (2) | Respond to of 27307
 
>Why will this stock go up on a split announcement?

because small investors have been taught by folks such as cramer to buy any stock that splits.. in the internet arena, so far they've come out ahead.

When Yahoo guides analysts lower in their conference call, and post a LOSS, like they already said in the SEC filing, this stock is going to tank so fast people won't know what hit them.



To: Big Al who wrote (11912)7/7/1998 10:28:00 PM
From: Brooks Jackson  Read Replies (1) | Respond to of 27307
 
<<Why will this stock go up on a split announcement? >>

Because it makes the per-share losses look smaller.

(OK longs -- just teasing.)