Shorting YHOO Message Board

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Technology Stocks : Shorting YHOO

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

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To: Gary105 who wrote (17)	9/2/1998 9:17:00 AM
From: john w. toigo	Read Replies (2) of 108

Thanks for your comments. I was disheartened by yesterdays price action because I was also looking for about $50/share. What do you make of yesterday's move? Short-covering at the $60-63 resistance point driving it back up perhaps? Did you look at the trades during the collapse to $59. I saw lots of 100 and 200 share trades going off. Then yesterday the trades seemed larger - probably about 1000 shares on average, but nothing too large that would suggest fund buying. As long as this thing is trading to weak hands I'm nervously confident in holding my short position, but ouch those rallys can hurt. Comments from another shorter are appreciated.

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