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


To: Randy Ellingson who wrote (20140)2/18/1999 6:37:00 PM
From: HECTOR RUBERT  Read Replies (1) | Respond to of 27307
 
Thanks Randy,

That guy is obviously a SHORT. But SHORTING YHOO 3pts away from its year's lows is pretty much suicide. We've been correcting since Feb 2, but at these levels the snap back will be pretty violent. If you look at the VOLUME PRICE indicator on the stock you can clearly see that the bulk of the inflows into YHOO came at the 150 level. Over 35 billion dollars sitting on the sidelines in money market funds is great...these people are making less than 6% on their investment. Does anybody really believe this money will remain in money market funds at 6% indefinitely? Of course not. This is delayed equity buying power waiting in the wings. These delayed inflows will push markets much higher than January's highs. And just like in this corrective face, the NETS will lead the BULLS CHARGE!!!

YAHOO is the undisputed #1 PORTAL. We know that and so do Money Managers and Brokers. Look for YHOO to retest its previous highs. Plus, the GEOCITIES acquistion has yet to be accredited to the YAHOO pricing. Their combined reach outpaces any other competitor in the NET.

Hector