Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: fut_trade who wrote (2725)	11/12/1997 7:06:00 PM
From: h.l. meeks	of 27307

Peter, I agree. YHOO is going not down because of valuation. It's going down because of perception---just like it went UP on perception. I'm still short, but tired of this valuation argument. If you try to make a career of shorting tech based upon valuation, you'll end up roadkill. I shorted CPQ at $58 today, and not because of it's valuation. I don't even know its' PE. Shorted it because it broke $60 support--in a very ugly fashion. I believe that will be the market's perception also----"ugly".

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