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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (25383)1/15/1998 1:43:00 PM
From: Kerry Phineas  Read Replies (1) | Respond to of 132070
 
Earlie, personally I'm short Yahoo at 50 (ouch) and 67. If I was a start up and had a ridiculous valuation (assuming I was a company), I'd be using the stock to buy all sorts of stuff- I'm amazed that Yahoo hasn't been doing this to a greater extent. Of course I guess it could be related to the fact that the company is comparably overvalued when compared to other internet co's save possibly nscp. Man, Yahoo could probably buy nscp. Anyways, a question about squeezes. Obviously at least a bit of this runup is related to a squeezing of the shorts. How sustainable is short squeezes of this type in a company with a fairly large market cap like Yahoo? A comparison would be aol, I guess, but aol at least has considerably better fundamentals. Or at least it has fundamentals.