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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Slaran who wrote (2813)11/15/1997 12:20:00 AM
From: Don Westermeyer  Read Replies (1) of 27307
 
Slaran,

Unless some oil well go up in flames, I doubt Iraq will have much effect on the market. Japan is way more serious from what I've been reading.

IMO people trading this stock are not in for the long term. Look at the daily volume compared to the float. The entire float turns over in just a few days.

I can't believe this stock is running up with a looming large stock sale, potentially down to $42. I thought at first is was a short squeeze, now I'm thinking it is foolish traders.

Those insiders will be happy to get more money for their stock and a squeeze would be suicide. Mabey the broker selling the stock is spinning up the price before the selling starts.

Don
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