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

To: Jonathan Boyd who wrote (2534)	11/6/1997 9:57:00 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 27307

I didn't pay 55. I bought at 21, sold some at 38, sold more at 57, and bought it all back last week at 41.

To: Jonathan Boyd who wrote (2534)	11/6/1997 10:27:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 27307

>>>I certainly don't intend to shortchange charity, but for 25 cents per contract I will make this speculation. More importantly, Yahoo doesn't have to drop below $40 for this contract to move.<<< Most people don't have a clue as to how options work. One of the best trades I ever made was buying Iomega Feb97 50s for 3/16 when the stock was around 15. Got 11/16 for them when they moved to the NYSE. Stock only made it to 27, but the calls were almost a 4 bagger. I remember more than a few people telling me I was crazy to think it would go to 50 by then. So who needed that? Of course I had a little more time to expiry than you do. Barb!