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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: White Shoes who wrote (1479)9/11/1997 1:32:00 PM
From: Steve Andrew   of 27307
 
News Flash for the Free World.....

This squeeze is being directed by Jeff Vinik (his hedge fund) and the help of different NASDAQ MM's. Vinik (yes, the same ex-Magellan fund manager w/ a poor record) has asked CNBC to avoid comment on this issue and is reportedly near a 5% Registration. He is a pure momentum player and has tried this tactic years ago while at Fidelity. History was not kind then and shouldn't be different now. Vinik is no rocket scientist and while YHOO's ad rates are improving (no secret) they will not bail him out IMHO.
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