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


To: Director who wrote (24607)12/2/1999 8:34:00 PM
From: Victor Lazlo  Respond to of 27307
 
Don't worry Director, I'm sure you can just arbitrage it down to the 180 range where you were going to cover.
(And I hope you can get a good offer on your house!)

regards,
Victor



To: Director who wrote (24607)12/2/1999 8:38:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 27307
 
I will be back.

IMHO, Trading Yhoo, especially if you plan to short, should be a non-emotional matter. Don't think valuation, just demand/supply at different periods. Currently:

Yhoo's Float - 105M shares(existing supply side)
Insitutions - 56M shares(existing demand side)
Short interest - 14M shares(*demand*)
Retailers - 105m less 56m + 14m = 63M shares(existing demand side)

What's the fresh demand due to S/P? Will other players(such as day-mo traders) join the demand wagon? Who will sell at what price to increase supply tomorrow? All very interesting. If we do see $280 or so tomorrow or next week, will it be high enough for a short position(Dec puts)? After the S/P absorption, the only short-term event left is a split announcement. I doubt that Yhoo will pick the Dec-option-Thursday to announce a split?