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


To: oldcrow who wrote (16502)12/29/1998 11:09:00 PM
From: Andy Yamaguchi  Respond to of 27307
 
Yhoo up 2 3/4 after hr. Next wave splits just began. Yahoo will do 3 for 1 split on Jan. 12. AOL will do it end of Jan.



To: oldcrow who wrote (16502)12/29/1998 11:15:00 PM
From: larry  Read Replies (1) | Respond to of 27307
 
The short interest in YHOO! has dropped significantly in the last month and that's one of the reasons why AMZN outperfomed YHOO! in the same period of time. LCOS's stock price did not move up yet the short interest dropped about 50%.

NOW with a nice split coming for YHOO! which will inevitably increase the float of the shares, with further dropping of short interest, that will in large part solve the problem of demand and supply issue, short squeeze issue. And these two issues are the driving force in YHOO!'s spectacular rally.

Now earnings. I highly doubt that YHOO! is going to report 0.30 because that will be committing suicide for the comapny. Softbank cannot pour money indefinitely into this issue to inflate revenues and earnings. When the base is low, they could do so. When the snowball gets bigger, softbank will have to find a way to infuse much more $$ into YHOO! to make the number. That game will have to end someday.

larry!