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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: Terence Wilson who wrote (4803)12/20/1997 8:12:00 PM
From: S Duncan  Read Replies (1) of 27307
 
I would be very hesitant to short Yahoo for an extended period of time. I think that in general shorting fast growth high tech stocks is a very risky proposition. The internet is growing very rapidly and noone really knows how fast it will continue to grow. If I were taking short positions, I wouldn't bet my money in this sector. Although the ratios are way out of wack, Yahoo has a 40% market share of search engines. Online commerce companies are growing much faster than analysts projected. I think that they will be the dominant entrance to the internet as the masses begin to use the internet. Yes, I think that short terms drops will occur, but in the long term.. long term short sellers beware.
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