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: Mark Pritikin who wrote (22623)	7/8/1999 12:38:00 PM
From: Jan Crawley	Read Replies (1) of 27307

I had sold 20 AMZN calls with a 150 ex.... The stock went up something like 40 Friday and another 40 on Monday. I think it hit 238 on Monday at the open. I am sure that it was a true and scary story. I am not short Yhoo at all right now, but will be if Yhoo $189 in the next few trading days. Would like to point out some MATERIAL changes relating to the above Amzn event: During Nov,98 -- Amzn's float was 12M shares and short interest was around 8M shares. A terrible float/short ratio. Today's Yhoo -- 84M shares as the current float against 9.3M short shares. Short interest dropped from 11M in 5/99 to 9.3M in 6/99.

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