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


To: gridiron 99 who wrote (21589)4/30/1999 8:29:00 PM
From: Jerry Miller  Read Replies (1) | Respond to of 27307
 
hard to say, gridiron.
generally speaking you can almost always count on the share price of the buyer to retreat for a short time, and the shares of the
company being purchased often times rises.

so, Yahoo shares might see a dip in the short term, but the brilliance in the purchase itself would soon be evident, since traffic is the name of the game with these guys.

i'm not an expert on this stuff, i just try to go with 2+2 most of the time, and stash a few calls just in case. <g>

here's the story though: msnbc.com



To: gridiron 99 who wrote (21589)5/2/1999 2:13:00 AM
From: gridiron 99  Read Replies (1) | Respond to of 27307
 
YHOO is about to wake up. I could feel it. I just started my long position at 175 on Friday 4/30. It's good to see that YHOO found the support right at the 50-day EMA line. It's now almost 30 days since the earnings date of 4/7/99, and YHOO has pulled back significantly since then. The pullback was started by post-earnings sell-off and lack of split announcement, and the Internet correction didn't help either. Thanks to overselling of YHOO, it's now about 70 points lower.

I am betting that because YHOO was the first major Internet to report earnings and, therefore, the first to suffer pullback, YHOO will be the first to rebound.