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

To: Bill Wexler who wrote (4938)	12/23/1997 10:33:00 AM
From: Mike Botham	Respond to of 27307

Bill, I've been lurking on this thread for some time and I've been quite entertained by your reaction to the seemingly illogical pricing of YOOHOO!! I was originally attracted to this thread with the idea that this was the best short candidate I've seen in years. I was all set to put the money down until I noticed how many other people had the same idea. I think I share you opinion that this stock is an air ball. The problem with air balls is that they have very little to weigh them down. The nuttier this thing gets, the more the shorts pile on. I've read Peter's posts concerning the fundamental value of the company and while I agree with none of them, he has one very good point. If enough people short this thing, the guys with the big wallets who actually own this stock will be able to set the price where ever they want. $500/share maybe. Reason has nothing to do with it. Mike