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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: Ravi Dronamraju who wrote (322)1/28/1997 9:25:00 PM
From: Tom Hua   of 27307
 
I'd be very interested to understand how you arrive at a fair value of 31-32 for YHOO. I hope you can convince me from shorting some more.

You are right that institutions are buying lately and that's precisely why YHOO has almost doubled in 2 weeks and given me the opportunity to short it. Once the buying has dried up, naturally the selling will begin, after all a 30-100% profits (for those holding the stocks in the teens and 20s) in a short time ain't bad.

Regards,

Tom
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