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

To: Glenn D. Rudolph who wrote (18368)1/17/1999 8:03:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 27307
 
It looks like the double gap that occurred in YHOO as it hit its recent high was caused, in part, by short covering. The capitulation was probably a sign that the YHOO juggernaut is over. It sure looks like a blow-off top. A good case can be made for YHOO having value at 84. However, enough fools still think that the run down to 317 creates a "buying opportunity", simply because it represents 100+ points of correction. We shall see.


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