Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: Alomex who wrote (5202)	12/29/1997 9:39:00 PM
From: Mama Bear	Read Replies (1) of 27307

>>>Interesting observation Barb.<<< I confess, I heard it on CNBC this afternoon. If you must extrapolate from this, remember it wasn't a good idea to short IOM(G) at the start of 1996. It was a split adjusted 4 1/16, up from 9/32. The best covering opportunity would have been at 6 1/2 or so in August of 96, after suffering the run to 27 13/16. >>>Btw did you notice that if you bought ZITL on January or February, 1996 and held through thick and thin you would still have 100% returns today?<<< Could have done better selling at 50, then shorting it. I wouldn't count on being able to get 12/share for it a year from now either. Barb!

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