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


To: damniseedemons who wrote (2523)11/6/1997 10:16:00 PM
From: Douglas V. Fant  Respond to of 27307
 
Sal,

I'm not sure what average volume is daily, but under a million shares I believe. Sal I'm like you, basically a long termer and prefer long positions. I just take an occasional short to offer a little downside protection. Yahoo is a good company- so I personally will not bet against Yahoo too long. I would guess that basolute bottom on Yahoo would be mid-$30's if you had a confluence of bad events. But hey! We're talking right now overthe Internet. Five years ago we would not have known each other existed!

That is such a powerful new communication medium, I'd hate to bet against it too long....

Sincerely,

Doug F.