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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: Bill Harmond who wrote (13913)9/23/1998 4:54:00 PM
From: Geoff  Read Replies (1) of 27307
 
Maybe the idea here is to short some puts, then stockpile cash from those sales in order to buy Yahoo on a dip, which is sure to come. I just am not exactly thrilled with the prospects of investing in a company that has nothing in its bank account other than a very powerful brand name. Don't get me wrong, I think the future is bright, but at these prices I am not very confident about going long. Perhaps, day trading YHOO!, but not a buy and hold, not at these prices... not yet, at least for me.

thanks,
geoff
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