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

To: Robert Sievers who wrote (7196)	2/9/1998 10:29:00 AM
From: the Druid	Respond to of 27307

I admire your guts in stay with your short. You will get your payoff this year. I shorted AMZN at similar price you shorted YHOO. I am staying with it but not enjoying it.

To: Robert Sievers who wrote (7196)	2/9/1998 10:31:00 AM
From: OtherChap	Read Replies (1) \| Respond to of 27307

Dropping like a rock. Some big blocks are passing the ticker- yahoo just touched 63 a moment ago. Look for a close around 60 unless the market in general starts skyrocketing..

To: Robert Sievers who wrote (7196)	2/9/1998 10:42:00 AM
From: Sowbug	Read Replies (2) \| Respond to of 27307

I shorted 500 at $43. I am still so sure my trade is correct that I am willing to lose more waiting for it play out. Are you? No. I am not sure either way. But one thing I am sure of is that it's dangerous business shorting an Internet stock. There is easier money to be made in shorts -- try your average biotech company, for example, once it announces a new product that will still require years of testing (GERN, NEOP). It's very easy to say that Internet Company X seems overvalued right now and therefore must be a good short. But YHOO, AOL, AMZN, XCIT, and their bretheren are the leaders in a race through untested waters. Whatever the Internet turns out to be, those companies are the front-runners. So it stands to reason that the best bets are on them to continue succeeding. Assuming the Internet is a medium capable of earning profit for Internet companies (I think it is; you may think it's not), then we're lucky enough to have been born at the very, very, very beginning of the creation of an entire industry, and companies that seem shaky to you right now are the future equivalent of today's Dow companies.