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To: damniseedemons who wrote (2378)	11/4/1997 4:00:00 PM
From: William T. Katz	Read Replies (1) \| Respond to of 27307

Sal, I actually was short just a few hours ago before covering at 45 1/2. YHOO short was making me increasingly nervous, esp. since I was just using it to hedge for another possible shake-out in the whole market. I thought there was some possibility of a squeeze, but as you say, the size and speed of it is truly awesome. I had started shorting at 42 7/8 so I got burned like all YHOO shorts this week. Actually had planned on covering earlier yesterday but E*Trade was down again. Previous top around 58. YHOO is getting more overvalued every day. After short squeeze to 60, wouldn't this be a great short again?

To: damniseedemons who wrote (2378)	11/4/1997 4:29:00 PM
From: Jim Patterson	Read Replies (1) \| Respond to of 27307

"I think the shorts really need to step back and objectively think about what they're doing. Guys, if you're not bullish on YHOO, that's fine--don't go long on the stock. But it's foolish to play in the train tracks," From a short seller. Lets step back and look at this one. I am short a stock with a $2.5 Billion market cap. Now lets look at revenue. Call it $70 million anualized. I know every one has heard the overvalued argument and they don't seem to care very much. My responce to that is that those people have never lost the argument with the Market. The folks trading ASND are loosing the valuation argument as we speak. Jim