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


To: Peter Church who wrote (25357)2/9/2000 1:52:00 PM
From: Peter Church  Read Replies (1) | Respond to of 27307
 
Placed a bet on a close below 360 today. One day trading at a time. The market looks tired and despite the split, Yhoo is still chained to the NAZ and DOW.

There's no big buyers and no big sellers that I can see. Lot's of complacency.



To: Peter Church who wrote (25357)2/9/2000 8:11:00 PM
From: MrBuzz  Read Replies (3) | Respond to of 27307
 
Yahoo may start to trade like AOL's chart resembling last April 1998 to today (troughlike). I like YHOO, but think its a bit overvalued here... $275-$280's would be nice for buy in 2nd quarter(wish wish)

Will just have to see how the general market cycles.

MrBuzz
www.whats-the-buzz.com



To: Peter Church who wrote (25357)2/10/2000 9:10:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 27307
 
Hi Peter and others, thank you all very much for the nice comments.

I shorted Yhoo on Tuesday at $376 1/2, but just 200 shares and I think that I am going to be able to hold it for a while. I am also pending to buy 10 March-320 puts for $4 1/2 but it still has a long way to go. Those are sorta my L-t(30 days) yhoo plan. The short-term ones, I guess will be the swings before/after the valentines and the Feb-options.

My thoughts re-Yhoo; 1. On the eve of Yhoo's S/P inclusion, Yhoo closed at $280. The estimated shares needed for the idex-purchasing AT That Point(based on $280) was around 19M shares. (however, the inclusion had already been announced/expected for many days and most the idex shares would have been purchased. But as the price of Yhoo keeps going up and index-demand was trying to keep up.)
2. Yhoo's float was 106M shares, short interest was 18M shares, the additional demand pushed shorts and MO players and Yhoo to $500. We can picture the demand/supply curve then.
3. Now, 50 days later, is Yhoo still moving along the old curve or will it shift?

I was busy with my day-job but will stay with the mkt all day today. :) Premarket, 13K volume at $363.