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


To: Bill Wexler who wrote (4889)12/22/1997 8:40:00 PM
From: fut_trade  Read Replies (1) | Respond to of 27307
 
<<fantasizing that institutions are buying at these prices.>>

Somebody picked up 10,000 shares near the close. It should put upward pressure on the price tomorrow morning.



To: Bill Wexler who wrote (4889)12/22/1997 8:40:00 PM
From: LRS  Read Replies (2) | Respond to of 27307
 
You know, at 50, I thought that this was absurd. Right now it is utterly ridiculous. Institutions buying at these prices?....some people need to get their heads checked.

You think that money managers are looking at YHOO and even dreaming of getting a good return on their money in 98?...yeah right, and I got some great real estate to sell you in Brazil.

Softbank is probably psyched...they can go out and take out more loans on their unrealized gains....

And by the way, don't be surprised if Sequoia starts unloading in January. VCs aren't dumb, they will lock in a 2 year gain of 3,200%




To: Bill Wexler who wrote (4889)12/22/1997 9:04:00 PM
From: Michael  Respond to of 27307
 
Sorry to see that you are short Yahoo, Bill.
It is just unbelievable. I was short at 30 and covered at 43.
Took the proceeds from that cover and just shorted more Z.

Your Friend, Michael