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: Mama Bear who wrote (2555)	11/6/1997 10:43:00 PM
From: tech	Read Replies (1) of 27307

I'm declaring war on the longs. Shorts vs. Longs - PartI How can the longs justify a valuation of Yahoo at $50, let alone $30? I'll tell you how, speculation and evaluation for the future. Not the near future, WAY long term. And that is the long's mistake. To assume the best over a long period of time and then invest like it's already happened. Yahoo will face more fierce competition in the future, and won't always trade at a P.E. of 6,466,782. There will be plenty of down time, and that's why the intelligent shorts are taking their shares now. We ride the waves down and up, making money all the way. This future evaluation is why the market is in serious trouble. And that's why a correction is inevitable. Best of luck, shorts, I'm with you for 800 shares. Tech

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