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

To: fut_trade who wrote (4343)	12/13/1997 6:05:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 27307

Interesting to note that Iomega short interest rose 40% from 15,000,000 to 20,000,000 (its highest level) from April to May of 1996 as the stock rose from 30 to the low 50s. The problem with momentum gambling is that luck eventually runs out, and the vast majority of momentum gamblers (just like casino gamblers) don't know when to leave the game. Ask William (who is either still in Vegas or just got back) what happens most of the time when you "let it ride". You now have to rely on a bunch of stock manipulators to keep Yahoo up or send it higher.