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: fut_trade who wrote (4449)	12/14/1997 7:36:00 PM
From: Bill Wexler	Read Replies (2) of 27307

You are absolutely incorrect about Iomega...but that's beside the point. <<Shorts can do no more harm because there are very few shares left to short.>> Shorts don't "harm" a stock. That's nonsense you picked up from the Iomaniacs or the penny stock pushers. Fundamentals harm or hurt a stock, because investors will always demand a return on their money. Yahoo is producing zero economic benefit ($.45 a share in losses TTM), yet it commands a $3 Billion market cap. Therefore it will trade lower...much lower. Momentum is a temporary fad. Fundamentals are everything...and always will be.

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