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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: craig crawford who wrote (11344)6/24/1998 5:37:00 AM
From: OtherChap  Read Replies (2) of 27307
 
>Are you waffling?

No, I consider a runup to be a point or two. But the best news so far is that the president of yahoo issued a release this evening saying that yahoo IS NOT FOR SALE. This coupled with their announcement that they will earn no profits this year (warning) makes it clear to me that Yahoo Inc. wants their share price to return to a normal level.

And there isn't a chance in hell Yahoo will be added to the S&P500. Maybe AOL, but not yahoo. Yahoo doesnt have any revenues to speak of! They didn't add Presstek just because their market price skyrocketed for a while.

All these factors should be sobering to the longs, and good news for the shorts over the next couple of days. We shall see. Is anyone else besides me still short on this dog?
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