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


To: SouthFloridaGuy who wrote (14154)10/1/1998 7:24:00 PM
From: Vijay Sonty  Read Replies (1) | Respond to of 27307
 
Come-on Guys. Let's stop the Duck and Chicken Tales and get to
Business. How low do think YHOO will go in the next few days ?
I mean before earnings announcement on OCt. 7 (after market closes).



To: SouthFloridaGuy who wrote (14154)10/1/1998 9:10:00 PM
From: Michael Collings  Respond to of 27307
 
Puff:
You may very well get another bear trap bounce in this stock. I had planned on shorting more myself and would love to see it get to new highs before it drops,

I just don't know if the market will hold up. I agree that the catalyst for the drop is the market overall. However the speed and depth that it drops is more dependent on how overvalued it is, hence the rapid drop from 100 to 59 during the second leg down in the market.

As long as internets continue to trade at these extreme valuations you can be sure that the bear is alive and well. Bears take everything back to below normal valuations and cause everyone significant pain before they end. When no one wants to ever even think of buying internets then that will be the bottom. Until then there may be many more rallies and YHOO may yet get to new highs. But eventually it will hand the fools that pay these prices a handy slap. Thus the greater fool theory and this may be talked about for years; about the biggest fools that continued to run this puppy dog up in the face of one of the biggest bear markets in history. Imagine anyone thinking that this stock is exempt from a bear market??? Such silliness.



To: SouthFloridaGuy who wrote (14154)10/1/1998 10:04:00 PM
From: Raiders  Read Replies (1) | Respond to of 27307
 
Puff Daddy,
You challenged me to short at the current prices. I thought you were a
bull on Yahoo, when the change of heart?
Raiders