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


To: SkyDart who wrote (19116)1/26/1999 1:07:00 AM
From: Joe Pirate  Respond to of 27307
 
Funny feeling.. Seems like the internet/tech sector
will do well in the next few months, YHOO reversing
course after a mini-correction ($420-$250-ish)...

Why is there reason to suspect a correction NOW
in the internet sector when earnings on YHOO
are beating estimates.

When they "choke" their first qtr, then the "bull-party"
is over.

Yahoo is the grand-pu-ba for all internet stocks. YHOO
soars, others follow, hee!

Pirate



To: SkyDart who wrote (19116)1/26/1999 4:08:00 PM
From: Howard Hoffman  Read Replies (1) | Respond to of 27307
 
As of today, the Head & Shoulders looks dead. I already cashed in my puts for large gains. It was not very difficult since I purchased them when YHOO > 400. I made 200% on the Feb 310s and lost about 50% on the Feb 220s. Net gain 100% in one week. Now if you YHOO bulls can get the price over the last high, I will be looking for another put opportunity. Who knows, I may even buy some long shares for the ride up.

Haven't read that book, but have read several others.