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To: Kerry Phineas who wrote (26268)1/6/1998 8:52:00 PM
From: Zeev Hed  Respond to of 53903
 
Kerry, do not misunderstand me, I am not saying that YHAOO will not succumb to the ongoing minibear market, I am saying that I cannot guess when it will succumb. Friends tried to short it at 50, where it was ridiculously priced, and I was warning about shorting here at 65-70 where it is ludicrously priced, it might reach 90 before it decides finally to collapse, and then it might not collapse to less than 60, I know not. I just think that there are stock that have laready turned down and broken their pattern, these might be safer short of puts bets.

Zeev