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: craig crawford who wrote (7646)	2/26/1998 8:36:00 PM
From: Oeconomicus	of 27307

Didn't the prez say something about no new taxes for the internet? No Craig. What he said was "no nudes in taxis, just interns." YHOO joined the party today and shorts are going to sweat YHOO broke above resistance and squeezed some more shorts out, probably triggered a few buy stops. It went up on no meaningful news initially because everything else in the Internet "space" went up and because "hot money" is moving fast from one sector to another in a greedy feeding frenzy. Sell your stock split to someone who cares. Try Cramer. He says buy anything that announces a split. Shared that bit of financial wisdom on GMA. Or maybe he's smart enough to help start and then sell into a good short squeeze. Some March 70 calls might not be a bad idea (depending on the premium) in case it follows through, but remember that it broke upward like this in January and then retreated ten points to 58. BTW, what do you consider to be fair value on Yahoo? Oh, I forgot. You can't put a price on the future so why bother trying. Just buy buy buy! The bear has been hibernating for 15 years and trying to keep him in his cave just makes him meaner and hungrier. And teasing him with over ripe, juicy, sweet fruit like YHOO, AMZN and much of the market really pisses him off. Now he wants to maul the whole market. Run and hide. Bob

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