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


To: Mama Bear who wrote (2555)11/6/1997 10:41:00 PM
From: Bill Harmond  Respond to of 27307
 
Barb!

...and Casino Data, and Boston Chicken, and...



To: Mama Bear who wrote (2555)11/6/1997 10:43:00 PM
From: tech  Read Replies (1) | Respond to of 27307
 
I'm declaring war on the longs. Shorts vs. Longs - PartI

How can the longs justify a valuation of Yahoo at $50, let alone $30? I'll tell you how, speculation and evaluation for the future. Not the near future, WAY long term. And that is the long's mistake. To assume the best over a long period of time and then invest like it's already happened. Yahoo will face more fierce competition in the future, and won't always trade at a P.E. of 6,466,782. There will be plenty of down time, and that's why the intelligent shorts are taking their shares now. We ride the waves down and up, making money all the way. This future evaluation is why the market is in serious trouble. And that's why a correction is inevitable. Best of luck, shorts, I'm with you for 800 shares.
Tech