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: ItsAllCyclical who wrote (9022)	4/2/1998 3:54:00 PM
From: Bill Harmond	Read Replies (3) of 27307

The float isn't small any longer, and the short interest isn't as significant. Deliberate short squeezes in Yahoo aren't much of a factor. It's not like the shorts have exactly been pounding away at the price and have reached a point of critical mass where a squeeze would be truly effective. Any short who woke up this morning, saw Yahoo cross 100, and said to himself that some MM was out to get him is out of touch with recent market action. This rise is being fueled by institutional buying, not manipulation... plus most of the factors you mentioned aren't manipulation anyway. >>Everen Everen is no big deal. If Goldman, Morgan Stanley, DMG, Montgomery, Robby Stephens, Soundview...even Merrill, Cohen, H&Q and a couple others have comments they carry far more weight with technology investors then Everen.

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