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: Skeeter Bug who wrote (11203)	6/18/1998 8:04:00 PM
From: S. M. SAIFEE	Read Replies (1) of 27307

Shorted Seek yesterday at 34 1/4, shorted Yhoo yesterday at 131, saw both these issue taking off in AM hung in whole day nervously, got in and out of yhoo for small change but took my short overnight. I think today's Disney's deal puts limit on valuation of this hot sector. Disney knows better about valuations unlike AT&T. Disney clipped wings of high fly internet stocks. Tomorrow will be an interesting day. Somebody posted on SEEK's thread that the disney deal meant $31.5 per share, I don't know how but the stock is moving in that direction. JHMO

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