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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: fut_trade who wrote (1272)8/21/1997 11:07:00 PM
From: sam   of 27307
 
If your number were correct, it is barely 4 days of transaction at todays volume. I don't see the short interest will fall since last 2 weeks the transaction has been strange. It was always large sell small buy, with exception of turburant market situation. This can be explained by two possible reasons: either large institution sell, or MM is switching from Long to short. Either way, you will see the trend of the stock. Besides, the market is relly against the long for all tech stock. I am thinking about bail out some of my long term holding tech stock now. The market lack of direction clear has a influence on next quarter's money supply. I had talked to several economists, marjority said Fed will raise the rate at least at the year end. Tighten M2 will result the money flood out of the equity market, sooner or later.
Sam
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