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: HG who wrote (16016)	12/10/1998 8:05:00 PM
From: Slumdog	Read Replies (1) of 27307

First, I think it's great that we can use the internet to discuss its merits. When I first started trading this stock, perhaps I did not understand fully the vast potential for growth. you could say I'm a "born again advocate" of the sector. My decision to go short is a business one. I believe the price will decline. I expect to cover the shares for less than I paid. YHOO as a potential blue chip? Tough call. Guru made some comments about the future of "aggregate portals", but I fear my prediction long term would be an uninformed one. "Institutions are sitting tight on this stock and hence the current price premium" I respectfully disagree. The float is so small, the short position and daily volume are so high. The stock is scarce. The routine process of forced "buy-ins" causes the stock's already overvalued price to rise even further. Cheers D. Taylor

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