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

To: fut_trade who wrote (3284)	11/29/1997 12:06:00 PM
From: santhosh mohan	Read Replies (1) \| Respond to of 27307

<<Well, somebody has to buy up all those shorted shares :)>> There is no incremental information in the data you supplied. There are many momentum-oriented mutual funds such as Kaufman's which will "invest" for the very short-term. They will turn on a dime at the first sign of trouble and you can be sure they will sniff out trouble way before the average individual investor. Take a look at their portfolio turnover rate for further information. I also opined about year-end window dressing and the December rally as additional reasons for Yahoo being in the 50's. My discussion with William related to the fundamental valuation of Yahoo with a long-term view. Incidentally, can you find out how many pension funds and insurance companies (which are more representative of true institutional "investors") are invested in Yahoo.