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


To: Goinlong who wrote (17345)1/10/1999 8:05:00 PM
From: CookiePuss  Read Replies (1) | Respond to of 27307
 
<<<Going for the holy grail Monday AM...5,000 YHOO and 5,000 CMGI. With splits, estimates (YHOO will beat street by .005), and general frenzy a 50 point move in both (or a 100 in one) and my kids have a stay at home dad full time!!!!! Come on YAHOO and CMGI, do it for the kids!!!! ON MY KNEES PRAYING, GOINLONG >>>

I would think twice about this strategy given it's poor risk management. YHOO historically beats street estimates but falls the day after earnings are out. Why not limit your risk and wait until their #s are out? Given they are most likely announcing a stock split with earnings the stock will move higher the weeks before the split anyway if the street reacts positively to their earnings. If there's a selloff you can buy on the dip and get in at the bottom rather than the top. A much safer play IMO.

I'm holding off on buying YHOO for the reasons above, I will also sell all AMZN shares by end of day Tuesday. In this type of mania I want to make sure I'm the first one out the exit door when the house really does start to burn down. We shall see.

In any case, good luck.



To: Goinlong who wrote (17345)1/10/1999 8:27:00 PM
From: J. P.  Respond to of 27307
 
<<Going for the holy grail Monday AM...5,000 YHOO and 5,000 CMGI.>>

Gulp!



To: Goinlong who wrote (17345)1/10/1999 9:15:00 PM
From: abraves  Read Replies (1) | Respond to of 27307
 
WOW !!!!! Be careful. I would not leave my computer to even take a crap until I was up 30+ points if I was doing that. Who is With Splits? Are you allowed to post the With Splits YHOO article on the thread?

Man that is a huge roll of the dice. I expect YHOO to have good earnings and a split also, but I'm not bullish enough to do 5000 shares all at once right before earnings. I always buy gradually leading up to earnings. I last bought shares on 12-22-98 at $242. I hope it works out for you.

Good Luck !!!



To: Goinlong who wrote (17345)1/11/1999 12:29:00 PM
From: Diamond Jim  Read Replies (1) | Respond to of 27307
 
BS. If you could afford 5000 YHOO @ 383, you already can stay @ home.




To: Goinlong who wrote (17345)1/11/1999 8:17:00 PM
From: abraves  Read Replies (1) | Respond to of 27307
 
Did you do it?