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: William T. Katz who wrote (971)	7/15/1997 4:23:00 PM
From: White Shoes	of 27307

Bill, I'm with you. I am SO ANNOYED by this momentum. But I have done some hard thinking and realize I'll lose more if I cover my shorts at a market top, especially when for the stocks I am shorting there is nothing but air underneath. I'm going to stick it out, hope you do too. I am going to be forced to sell a couple of my favourite growth stocks to finance these short squeezes but it's just as well I guess. I am sticking with a value play I like. I sold all my mining stocks for virtually no loss so I dodged the bullet there. You can't go wrong shorting AOL, worth $7 billion even though it's not clear they can be profitable. I guess that's what happens in euphoric periods...BIG companies with huge sales and no profits are valued like the sky's the limit. When the market comes to its senses these ones trade for $1-2. Just check out Merisel, Inc. Ah well just about anything is a short right now. MSFT, KO, you name it. This will take a lot of stomach. YHooooooaauuuuuggghhh.

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