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


To: The_Guru_00 who wrote (16644)12/31/1998 4:17:00 PM
From: Slumdog  Read Replies (3) | Respond to of 27307
 
I don't know if this is meaningful at all, but today is the third consecutive decline in closing share price of YHOO. The last time this happened was Oct. 7, when it closed at 114 3/8. Momentum shift?



To: The_Guru_00 who wrote (16644)12/31/1998 4:23:00 PM
From: oldcrow  Read Replies (1) | Respond to of 27307
 
But the employees will have had insights into the dynamics of this quarter's revenues.... no way in hell will they miss out on the rally to earnings.

BTW,

we had 14,712 non-blocks (avg = 302/trade) avg has been ~345-360/trade
and 10 blocks (avg 13,200/trade) avg has been nearly 30,000/trade.

What we had here was classic low-volume selling by the wee-little scared guy who believes there is a bubble about to burst.

Never mind that YHOO will report excellent numbers
Never mind that AMZN will report blowout numbers
Never mind that YHOO will split
Never mind that YHOO will be entering into 99 as a red tag
Never mind that YHOO stands to be added to the S&P
Never mind that YHOO stands to team up with media super power...

Never mind any of that...

Every time headlines show up about forthcoming doom and gloom a mysterious thing happens...the net stock involved goes down 15-25% but then, for some reason, it always seems to go back up 50-75%.

I wonder how much bear pelts are going for this time of year? :)



To: The_Guru_00 who wrote (16644)12/31/1998 5:14:00 PM
From: HG  Respond to of 27307
 
There's this guy I know - bought 1000 EBay under 30. Sold around 40. Was ecstatic he'd made a killing in a week. Now a days - he spends most of his time at his terminal looking at EBay. I'm not even joking or making this up.

I'd have to say that most are weak kneed. They like to hoard.

Alwayslate is correct. YHOO will hold till the earnings and split. It may take a dip - depending on the nature of split. But it will hold for most of 99. have been talking to a LOT of analysts/brokers lately. All agree YHOOs gonna have a blowout quarter, as will INTL.

Do what I suggested to MadDog. Buy ONE share. Not a big deal. See how it feels to be long vs being a short. Remember IsFocus on Yhoo board ? He converted quickly with a strategy like this.