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


To: Terence Wilson who wrote (4803)12/20/1997 8:12:00 PM
From: S Duncan  Read Replies (1) | Respond to of 27307
 
I would be very hesitant to short Yahoo for an extended period of time. I think that in general shorting fast growth high tech stocks is a very risky proposition. The internet is growing very rapidly and noone really knows how fast it will continue to grow. If I were taking short positions, I wouldn't bet my money in this sector. Although the ratios are way out of wack, Yahoo has a 40% market share of search engines. Online commerce companies are growing much faster than analysts projected. I think that they will be the dominant entrance to the internet as the masses begin to use the internet. Yes, I think that short terms drops will occur, but in the long term.. long term short sellers beware.



To: Terence Wilson who wrote (4803)12/21/1997 9:19:00 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 27307
 
Terence, regarding short interest. It may have been the shorts covering on Friday and other days, but the amount of short interest in yahoo appears to be relatively low compared to other highly shorted stocks. Zitel and Vivus had much higher % of short interest before they collapsed. Currently yahoo has about 10%? I don't know Dec's numbers.

Jim