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: Fridrik Skulason who wrote (4145)	12/10/1997 7:59:00 PM
From: Jim Ritter	Read Replies (1) of 27307

Hey, don't sweat it. I lost thousands when I was forced to cover this week.. I just switched to put options instead. The good thing about playing options with Yahoo is you get to stay in the game and always know the exact amount you're going to lose. :) Too much stress in shorting Yahoo. I will say that all last year I watched Shiva. The day it went over 85 I knew it was one of the most overvalued stocks I had ever seen. I never made a long or short investment in it, but instead just watched it fall out of the sky like a dead bird. I'm pretty confident that the money I've put into my Yahoo puts will all be lost. I mean, if you can make an argument that this company is worth 3 billion, then you may as well say its worth 8 or 10. The only advise that I can give for those who would like to short this stock again is this: When the numbers make sense, when you really can see the potential of this web site being the next NBC MultiMedia giant, that's when it'll fall and thats when you should short it.

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