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Technology Stocks : Shorting YHOO
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: John Stockman who wrote (72)10/15/1999 9:51:00 PM
From: Stephen M. DeMoss   of 108
 
The max pan was 170 after the recent run up. The mm's worked really hard to keep it right at that strike. It is very possible that next week, even with a market rebound, it will slowly shed chunks of points, quietly but surely. Remember, it gave up 20 points this week including losing strong upside momentum. The put premiums were very high today which suggests it is close to giving up the ghost. Steve D.
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