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


To: Howard Hoffman who wrote (18435)1/19/1999 1:06:00 AM
From: Moose  Read Replies (2) | Respond to of 27307
 
Last I saw, YHOO closed at 342 in Germany. S&P futures are up 6.10 right now... I expect the sector to ROCK tomorrow. I always thought YHOO was interesting under 330. I suspect we'll close above that tomorrow.

-Moose



To: Howard Hoffman who wrote (18435)1/19/1999 1:09:00 AM
From: Moose  Read Replies (1) | Respond to of 27307
 
Here's another pointer via WSJ:
interactive.wsj.com

AtHome May Be Nearing Deal To Purchase Struggling Excite
By KARA SWISHER and DAVID BANK
Staff Reporters of THE WALL STREET JOURNAL

AtHome Corp. is close to an agreement to buy Excite Inc., an Internet search and directory company that has been struggling to compete with larger rivals, people familiar with the situation said last night.


-Moose



To: Howard Hoffman who wrote (18435)1/19/1999 2:16:00 AM
From: James Thai  Respond to of 27307
 
From a short-term trader's perspective:

I think the deal is bad for YHOO overall (who can afford to buy them?) but it will be good for the stock price (atleast tomorrow anyway). Daytraders are going to bid this puppy up! I mean c'mon, if XCIT just got bought out for 1.3 times the current price, surely YHOO is worth atleast $422 a share.

(BTW, I'm just kidding, but I'm sure there are a lot of people out there who will believe math like that so I wouldn't be surprised to see YHOO will hit $400 tomorrow)

James.