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

To: FlameMe who wrote (24202)	10/7/1999 6:39:00 PM
From: CookiePuss	Read Replies (2) \| Respond to of 27307

i haven't covered. the employment report tomorrow, friday profit taking, options expiration next week, general interest rate worries, october selloffs, and so forth may keep short term pressure on yhoo moving forward. i made enough money riding yhoo on the pre-earnings rally to risk some money sticking short. mid term i think yhoo will break out to higher highs but it doesn't hurt to make money both short and long when the opportunity arises. we shall see... regards, mike

To: FlameMe who wrote (24202)	10/7/1999 7:03:00 PM
From: oldcrow	Read Replies (3) \| Respond to of 27307

FWIW, futures are beginning to trend down, the last quoted bid on instinet was 185 1/2 (no ask is posted, so hard telling what is reasonable). I think the jobs report will be just strong enough to irritate the majority of traders... I'm calling for YHOO to open at 188 ish, rise to the 190-191 range, then collapse (with the market) as we head into the extended weekend. Looking for a close near 182-183 tomorrow. The public was basically "set-up" this quarter. "Big money" publicized how consistent prior earnings runs had been, they sold a little stock, got the price heading down just enough to bait in the little retail guy...got him to buy puts and sell short... ...then they lower the boom! bring in all that sidelined cash and squeeze little Joe public like a tube of toothpaste! Now, as Joe public runs to cover, buy calls, and go long, the big money is going to pull the rug out from underneath him. Whenever the press gets heavily involved with a particular "play" whatever the direction, I have learned that it is much more profitable to do the opposite. Where were all of the up-grades today? Why was the average non-block trade only a hair over 275 (back in the days when YHOO was really powering up we had averages near 500) Once the hoopla settles (tomorrow) I say the price is going back down...the big guys will do well both ways, the little guys...well...poor gullible bastards.

To: FlameMe who wrote (24202)	10/7/1999 10:13:00 PM
From: Time Traveler	Read Replies (2) \| Respond to of 27307

I remember at the end of yesterday, there were 8.1M shares shorted. At the end of today, there are still 8.1M shares shorted. There is still a great deal of potential to be tapped by a short squeeze. The net number of shares of shorts have not changed. On the other hand, there were 4M more shares added on the short side of AMZN today to a total of 34M. If any one thinks YHOO is going to correct, then all net's would correct. YHOO will not correct alone. Also, I remember that last October ('98) the net's did not correct as deeply as other high tech's.