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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: Don Westermeyer who wrote (4790)12/20/1997 2:57:00 PM
From: Michael  Read Replies (1) of 27307
 
My Dear Short Friends,
I feel very lucky, I covered my 500 share short on the last drop
for YHOO . Got out at 43 1/2, took a $6,000 loss.

I was there on the last run when it 58. To any short who did not cover
in the drop to 38. You are going to learn that a stock like YHOO can
go up despite revenues or earnings.

Internet stocks (AOL,AMZN, YHOO) can trade at unrealistic valuations
for many, many years.

Your friend, Michael
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