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


To: Smart Investor who wrote (16424)12/28/1998 7:26:00 PM
From: oldcrow  Read Replies (4) | Respond to of 27307
 
Regardless of what lies in the analysts' bag of tricks, I sincerely doubt that any weakening of the price (analyst related or not) is going to occur until after the earnings release (and split announcement?).

Given that:

1) YHOO ALWAYS far exceeds EPS estimates

2) Is well into split territory (and has the authorized shares)

3) Has the most "stubborn" short-seller following of all time (closely rivaled by the AMZN followers)

...the price will surely continue to rise into the Jan announcement (300+)

Afterhours already has YHOO back in the 280's and AOL at nearly 159.

Why would someone risk shorting into the strength of blowout earnings and a split announcement?