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

To: Bill Harmond who wrote (7397)	2/16/1998 10:29:00 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 27307

By definition, short-covering involves fewer shares than short-selling. I'm confused. Do some of the shorted shares evaporate? I suppose your statement is true when short interest is rising, but eventually all shorts must cover (I don't think anyone expects YHOO to go to zero). According to Peter's Media General numbers, institutional ownership increased by a million shares since mid-January, 1998. I don't know where Media General gets their data (perhaps I will follow Peter's links and see if they give the source), but do you know that their figures are that up to date? I was commenting on Fidelity's ownership anyway. Comparing Netscape to Yahoo is like comparing Spyglass to Yahoo. I'm sure people were making the same kind of leadership/market share/new paradigm/nobody can catch them type arguments about NSCP that we hear about YHOO. The point is, they were a promising, rapidly growing company, loved by investors big and small regardless of how over valued they became until they stumbled. Then they became unloved. That was a great time to be buying FM radio stations. I'm sure it was. I bet you could've bought all of them for what Yahoo is worth today (even adjusting for inflation). Hey, I must be getting old (Yikes!). I too remember when AM was all there was. Bob