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

To: VIXandMore who wrote (18617)	1/21/1999 3:12:00 PM
From: Howard Hoffman	Respond to of 27307

If this is a head and shoulders, the standard correction is measured from the neckline, say 240, to the head, say 450. = 210 pts. 240-210 = 30. Ok. I don't expect YHOO to go to 30. But the last real area of decent support is around 100. YHOO is close to making a level neckline now. AMZN has already reached its neckline, below 100. It is a down sloping neckline, the most bearish. EBAY has a double head -- ultra-bearish Prediction: If anyone co. buys out YHOO (any time soon, say 3 months), they will pay no more than $10 Billion. That would be less than 100/share including exercise of options.