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


To: James Thai who wrote (19351)1/28/1999 6:32:00 PM
From: Smart Investor  Read Replies (2) | Respond to of 27307
 
This is total nonsense. Pain Webber initiated coverage of YHOO with a NEUTRAL. How do you feel about that? DLJ was also trying to pump up AMZN, and it did not work.



To: James Thai who wrote (19351)1/28/1999 8:26:00 PM
From: Jeff Mills  Read Replies (2) | Respond to of 27307
 
<<Think it'll beat AMZN's run to $400 in 14 trading days after the announcement?>>

Yes I do. If DLJ did upgrade it late today to $500 (and I see no reason why Cramer would lie about it), then YHOO could gap to open $390-$400 IMO.

I'll be honest, I sold 2/3 of my YHOO at $435 about 2 weeks ago, but bought back heavilly today under $345. The market likes this GCTY/YHOO combo. I feel the old high will be tested, if not taken out.

Netscape, Excite, and Geocities are now gone--their symbols will be retired like old jerseys--without hardly ever being worn. Who's next?

This market has unbelievable momentum. I have not seen this type of action in the Nasdaq EVER, and I have been investing since '92. If you owned 7 stocks--say MSFT, DELL, SUNW, AOL, YHOO, LU, and IBM over the past 6 months you have made obscene amounts of money.