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


To: scott harrison who wrote (4546)12/16/1997 9:52:00 AM
From: fut_trade  Read Replies (1) | Respond to of 27307
 
I think the bottom line is that Yahoo! will continue to have impressive increases in their bottom line. Yahoo! is the most widely used web site. Intenet advertising is growing rapidly as an industry. Unless you get a real warning signal, I don't expect weakness in YHOO over the next few weeks.

Peter



To: scott harrison who wrote (4546)12/16/1997 4:38:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 27307
 
See what happens when you speak too soon? :)

I had to laugh when I watched YHOO near the close today. i really don't believe there are any long-term buyers at these levels. I'll make a wild guess that a lot of small short sellers are taking losses before year end and the stock is being SOESed to death.

I'm still short and I still don't intend to cover. I didn't short any more today (when I saw NASDAQ blast off I put in a limit order at 61 1/8).

If the stock doesn't start decaying in early January, I may sell a few puts to hedge - particulalry since the premiums are so lofty.