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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 (80)10/21/1999 9:55:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 108
 
Where did you find this info? Do you have a link? If it is made 'public' ie. gets some press, that should help the stock return to selling. However, a week ago, when people were allowed to sell (their IPO shares), they all dumped them at about 165. That should have translated into the general public selling it off but it did not. If the insider selling is brought to light by the media (CNBC or Bloomberg), it will deflate the stock. Today was a big dissapointment for any of us short the stock. I thought for sure we would see strong selling. I am still holding (average is 180) and will do so now through next Friday. The AOL was good but not blowout (like YHOO's) and IBM should have had a larger impact and may be a delayed one. If we don't have more selling by next Friday, I plan to cover. Good luck to you and post a link if you have one. Steve D.
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