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


To: HG who wrote (16452)12/29/1998 12:54:00 AM
From: oldcrow  Read Replies (1) | Respond to of 27307
 
Tony,

the last split was 2 for 1.

The price decline following the split was simply post-split depression (quite common). Nearly 70% of all stocks that split decline after the split.

However, what is most important is the fabulous price run up leading to and into the actual announcement!

Two things have me convinced that the price will continue to rise.

1) Incessant shorts

2) Not a single internet-related company (that has recently reported) has failed to surprise SUBSTANTIALLY to the upside... the revenue growth is real!...just consider all of the deals that YHOO has recently signed...(go count them)...these deals are "real"...the revenue from these deals is simply undisputable.

I am looking for EPS = .27, with a 3:1 split (they "have" to keep up with AMZN :))

YHOO at 305+ (closing) by Thurs, with a peak somewhere between here and there of 314 3/4.

Yikes!!

I sure hope that the folks still clinging to the hope that YHOO will make a good short have at least boxed (in some form)....or at a minimum, won't jump completely in, until AFTER the report.