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

To: damniseedemons who wrote (3809)	12/7/1997 5:10:00 PM
From: Rational	Read Replies (3) \| Respond to of 27307

Dow Jones Newswires -- December 4, 1997 Yahoo Japan Shrs +16% To New High Of Y2.75 Million TOKYO (Nikkei/Dow Jones)--Shares of Yahoo Japan Corp. (J.YHO or 4689) rose Y370,000, or 16%, in morning trading Friday to an all-time high of Y2.75 million at the end of the morning session. Volume totaled 102 shares. With a relatively few number of shares circulating on the market, their price tends to rise steeply even on light buying, traders said. Only 975 shares were offered at the initial public offering. The shares first traded on Nov. 4. The shares of parent company Yahoo! Inc. (YHOO) are rising steadily in New York, which drew investors to the Japanese subsidiary's shares, said other traders. Japanese institutional investors say the company has a high growth potential, but they intend to buy its shares when the price is in the Y1 million-Y1.5 million range, traders said. The shares were most heavily traded by securities house dealers, with some foreign investors also trading them. Dresdner Kleinwort Benson (Asia) Ltd., Lehman Brothers Japan Inc. and Kankaku Securities Co. bought actively, traders said.

To: damniseedemons who wrote (3809)	12/7/1997 5:16:00 PM
From: Jim Ritter	Read Replies (2) \| Respond to of 27307

As I understand it, they said on Wall Street that the government jobs news on Friday would have been bad news in ordanary circumstances, but because of the problems in Asia, they won't raise interest rates and we'll keep on going. But what if the Japan and Hong Kong markets go up? I'm babbling because I'm very worried about my short on Yahoo. At this point, Yahoo the stock and Yahoo the company are two completely separate entities. The market ignored WDC, CS and COMS having problems, plus they ignored the jobs data on Friday. If you ignore the bad news, then there is no bad news and the market will go to 9000 and Yahoo to 85! Jim (I'm gonna get squeezed and crushed tomorrow).