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

To: Rational who wrote (5501)	1/2/1998 3:24:00 AM
From: StaggerLee	Read Replies (1) \| Respond to of 27307

The first few hours in the morning will tell a lot. If YHOO doesn't drop on Friday, the "reverse January effect" argument dies. That could send the stock soaring. Since YHOO is already about 500% overvalued, another 20 or 40% up from here wouldn't be out of the realm of possibility. That would get you to $90, near term, without batting an eye. You will never find a bigger bubble stock than this. I suspect that by the time I wake up, YHOO will be in the low 60's. Imagine the pressure on these insiders! How can they concentrate on business when in a year they've all made so many millions? They drive to work every day worrying about the bubble bursting, and losing more money than they've ever dreamed of having. You're going to start seeing some major insider selling here. If they don't, they risk becoming among the biggest losers of the 1990's. Never has a stock had so much downside. I suspect a lot of those puts are owned by insiders and institutions. Watch the stock drop tomorrow and open interest in puts drop, as insiders/institutions sell the stock and close their put positions.