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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Sabrejet who wrote (23376)	7/31/1999 4:23:00 PM
From: -	Read Replies (2) \| Respond to of 27307

Now there's a solution for the difficulties we all face in trading in and/or investing in YHOO - holding both long and short positions!! That way, the astute trader can never be wrong, and there is much more "trading action" to be enjoyed, as compared to staying flat... <G> Do you recommend selling in one account and buying in another, or loading up on both puts and calls? I'm intrigued! -Steve :)

To: Sabrejet who wrote (23376)	7/31/1999 8:16:00 PM
From: radames	Read Replies (2) \| Respond to of 27307

imo i think that friday was the perfect day to sell because as the intrest rate fears increase in august as the economic reports suggest,investors will want to be safe than sorry and the selling will only get fueled by the y2k concers,,,the long bond is also very telling 6.13 is very high and the stocks mostly to get hurt are the high p/e companies,,,you have to keep in mind what is going on in this sector right now ,,,alot of ordinary people have become very rich investing in the nets (yhoo in particular) and will be cashing out going into the new millenium.the recent rise in precious metals is also very telling,,,,imo we may see the 100 area for yhoo short term as the other net stocks have all gravitated their,,,who knows maybe yhoo is different.. the recent sell off post earnings was rather drastic and the pre-e run was not that great,,one of my friends made a good point to me he was telling me that alot of people have options in these nets that are locked up until a particular date and the consensus is that a soon as they are allowed to sell they will at any price it is currently trading at that day because their stock was bought at 7$,,,,he was telling me of a lawyer who did work for yhoo in the early days and was paid in stock that is now worth millions who is going to sell as soon as he can ,,it makes you wonder how many other people out their are in the same situation,,