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


To: fut_trade who wrote (4559)12/16/1997 3:10:00 PM
From: Jim Ritter  Read Replies (2) | Respond to of 27307
 
Shorting T is an excellent call. I was thinking more of going after AIT instead because its even more overvalued than T in the telecoms.

Already bought my Jan puts for Yahoo. I've never in my life seen a stock more overvalued than Yahoo and when it crashes there's just not going to be a bottom for this one. At 20 a share it's worth a billion. I'm looking for a low next year of 14 or 15.

Good luck and get ready. I'm predicting end of January or beginning Feb for the plunge.