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Technology Stocks : Apple Inc.

AAPL 273.85

+0.5%

Dec 24 12:59 PM EST

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To: bobby beara who wrote (4957)	9/12/1997 1:13:00 AM
From: Joan Osland Graffius	of 213177

bob, >>when I think of overvalued - I think YAHOO. It just recently become optionable. I have nothing against Yahoo. It's just simply way way way too high. I am watching YHOO like a hawk, have not looked at the options yet. Rumor has it that Jeff Vinik has been forcing the short squeeze and has close to 5% of the stock. He played this game with MU, Netscape, IOM and a few others. I was long YHOO but got out to early. I guarantee you I am going to make a buck when she hits the skids. I am currently short RMBS for the second time. Made 12 points on the first shot in two days. Currently short at $75+. This one will be interesting. Joan

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