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


To: Oeconomicus who wrote (5392)12/31/1997 4:13:00 PM
From: larry  Read Replies (1) | Respond to of 27307
 
Geese, my friend and I owned YHOO and made some nice points in the last two weeks. I decided to sell until after new year is totally because of tax concern. I think that I will sell it on Friday and immediately short it. I think that it should go down to 60 in a few weeks.
BTW, I have just talked to several broker friends and all of them think that YHOO went to far. It's interesting that several of those brokerage firms who own YHOO might sell it for a nice gain as early as next several weeks and their employees are ready to short YHOO using their own money.

larry