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: Andeveron who wrote (11086)	6/13/1998 11:54:00 AM
From: John O'Neill	Read Replies (1) of 27307

Andeveron....I covered my short sale at 111 9/16 on Friday. I'm very wary of the market now, and would probably wait to short YHOO at a higher price, or after a squeeze, than buy it. I've tried to hedge my long position with LT puts on Coke and P&G and shorting McDonalds. We may have another rally after Q2 earnings are over...but I'm looking for a pretty good sell off in the DOW stocks sometime soon. Maybe not a dramatic one, but a steady decline towards more reasonable valuations. Any thoughts ?? JO

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