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


To: norm chin who wrote (26280)1/11/2001 8:03:44 AM
From: SouthFloridaGuy  Respond to of 27307
 
Shorting is an art, not a science. Just because a stock is overvalued, it might grow into a valuation as opposed to fall to a correct one - thus the chances of making money are less and harder. I do see YHOO's stock in the single digits though, whether I short on it is my business, I have made pretty good money shorting the garbage since September.

So even if he doesn't short, the end result will be the same.The analysts are looking for 15x forward EBITDA and that puts YHOO's valuation in line with Viacaom and other media companies.

YHOO is still a leader, and smart shorters would probably make more shorting secondary stocks like LCOS/Terra based on YHOO's adjusted valuation.