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: RDR who wrote (22036)	6/16/1999 1:35:00 PM
From: -	Read Replies (1) of 27307

I agree, it was the "big guys" selling short (a lot of insider selling in their selling window, too), a lot of hedging of positions (selling of stock to hedge puts) and Wall Street interest rate/Bond pooh-pahh that drove the nets down so sharply. They key is to be sure they're DONE, before you step in. Looks like now (better, yesterday or day before) to me... Typical Wall Street double-talk, Cramer was claiming yesterday on his YHOO chat that the nets "trade like a Zero-Coupon Bond", as "long-term priced assets like Bonds" (so they're more sensitive to interest rates). What a bunch of MALARKEY! They are souped-up tech stocks, that's how they trade... Regards, -Steve

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