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

To: Augustus Gloop who wrote (19114)	1/26/1999 12:52:00 AM
From: Howard Hoffman	Read Replies (2) \| Respond to of 27307

Yes. Drugs have been especially weak. Recently sold some covered calls (Feb 45) on my IDEC pharmaceuticals (IDPH). I don't think the market likes what it heard from Mr. Greenspan. It sounded like a warning that he is not likely to ask for a rate cut to support the market on the next correction. Lack of follow through on new index highs has not been real positive. High volatility has been especially troublesome. Last big correction, YHOO and other internet stocks escaped the fire. Next big correction, I think they will suffer as much or more than the market in general