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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: LRS who wrote (3014)11/20/1997 12:54:00 PM
From: Bill Harmond  Read Replies (1) of 27307
 
I occasionally buy puts in other stocks, but I wouldn't consider a company as strong as Yahoo a short candidate. The price is stratospheric, but that doesn't automatically mean it's a great short. Shorting a stock because the price is high isn't a good-enough reason to me.

I'm sure Yahoo will be very volatile, but "over-priced" stocks have a way of getting even more over-priced. What's more, we're coming out of a severe market correction right now. I wouldn't consider shorting anything in a strong market.
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