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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: Stanisav Richter who wrote (12873)7/17/1998 11:53:00 PM
From: Bill Harmond  Read Replies (1) of 27307
 
>>207 was never breached and YHOO only reached 203 momentarily after the good news.

Fair enough. Lots of overhead supply now.

>>Few analysts have upped the Net stocks and more have downed them

I don't know whether this means much, and there wasn't much upside left for analysts' opinion of Yahoo since Q1's blowout.

>>The international situation

...doesn't matter. Yahoo was in the low 30's when the Asia crisis started to hit the tech market last July, and less than 60 before the October crash. So Yahoo is up somewhere between three and six-fold since before Asia broke.

>>How about oil prices that are almost certainly in an up-trend, etc...

Non-issues, IMO

>>As if that's not bad enough, China is not done rumbling about its currency valuation.

That is the nightmare scenario, IMO. But China realizes they would kill the goose by triggering worldwide deflation.

Why should I be [nervous owning August and September puts]?

Short interest, bearish consensus, fund flows, and AOL's chart.
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