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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: Bill Harmond who wrote (2812)11/14/1997 11:59:00 PM
From: Slaran  Read Replies (2) of 27307
 
I think I know what YHOO is all about. Overvalued because of
individual investors who like to "buy and hold" and spikes up
because of scared shorts who are quick to cover whenever there is some manipulation, rumor, whatever.

The most desperate buyer is the one who is covering short.

With what's happening with the Japan market and the looming IRAQ
war issue, i see YHOO opening down on monday, maybe to 45.

I feel sorry for longs because the first thing people run to short when the sh*t hits the fan are overvalued high fliers like YHOO.

The AOL rumor will fizzle out by Monday.

-Slaran
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