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

To: Steve Yuan who wrote (18777)	1/21/1999 8:43:00 PM
From: oldcrow	Read Replies (3) \| Respond to of 27307

Steve, The CEO of YHOO was interviewed on the Cavuto Business Report a while back (day after earnings). He was asked about the 2:1 vs 3 or 4:1. his response (in not so many words) was that the board felt a fair market price was around 250-275...they didn't want to encourage the stock to get ahead of itself "even more"...it was in the low 400's at that time. even with that comment I STILL didn't have the guts to take a put position... ...the ghastly sight of mutilated bear carcasses a few weeks back is still with me...can't overcome it...:) I just don't see this stock going below 250.... and if it does...not for very long. All those people who were begging for another chance at YHOO....well here's their chance... They just need to see the bottom form solidly and they'll be in...all of those bears will be damn quick to get out of the woods this time.... ...nice steady price rise right back to low 300's (especially following the split) all JMO ...remember the 500+ price target WAS issued a while back....the traps are being set as we speak (i.e negative press practically insisting that you sell your shares...or else...what a joke.)