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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: OtherChap who wrote (7056)2/1/1998 10:35:00 PM
From: Bill Harmond  Read Replies (1) of 27307
 
Markets are forward-looking. The point is that no one has a stake in Yahoo going down but the short-sellers, and they've already sold.

AOL appreciated thirty-fold before it turned any profit...as it plowed through legions of short-sellers who bet on the same arguments you're using. I sold AOL a half-dozen times thinking it had become too expensive, and obviously I regretted it.
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