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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 Wexler who wrote (3683)12/5/1997 9:13:00 PM
From: larry  Read Replies (1) of 27307
 
Agree with most of what you said. I have begun to short YHOO today and will continue to short more if its price goes up. Last time I checked my account, only when YHOO rise to more than $400 will I get market call so I am pretty safe. I do agree with you that YHOO should be traded in the 30s in the first half next year. I am not sure when, though. Also I think that it will rise higher in the next several weeks which gives me a great opportunity to load up more. I have made money by longing YHOO in the past but the price is getting ridiculous compared with its fundamentals. I am also wondering how long can the inter-market trader supports this baby.

larry
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