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

To: fut_trade who wrote (4448)	12/14/1997 7:28:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 27307

You left out one very, very important number. The average daily trading volume for Yahoo is approaching 1.3 million a day which represents 100% of the float being turned over each week. Here's what you missed: The total days to cover is about 3.5...which is fairly small. Quite frankly the short interest could rise to 100% of the float for all I care. What really intrigues me is the avg. daily volume vs. the float and the days to cover. Haven't I already explained to you that chasing short squeezes is a loser's game?

To: fut_trade who wrote (4448)	12/14/1997 7:51:00 PM
From: Keith J	Read Replies (1) \| Respond to of 27307

Peter, Check out the most recent quarterly. YHOO lists average shares outstanding of 50 million +. Everyone wants to seem to ignore the convertible preferred in terms of "true market capitalization", compared with the 43 million I see everywhere, and I believe this was before the 1.6 issued for the email service (which I'm not sure how that will get classified). So in reality, this company has a market cap of about $3 billion, not $2.6 billion. If essentially the float is spoken for, it's really only short shares being traded then, eh. KJ