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

To: TheBigB who wrote (7902)	3/6/1998 12:17:00 PM
From: Bob Kimball	Respond to of 27307

Tough short sleddin' for awhile yet... Word from inside the company is that business is still growing FAST. Even the insiders are amazed at the stock price so most sell as soon as their options vest, now kick themselves as the stock keeps going up. Way I see it, this is an ad sales business... Great booms in economic up-cycles and precipitous drop-offs when a whiff of recession comes around. The whiff hasn't come around yet, but when it does, YHOO revenue growth will dry up amazingly fast. Still looking for the major top 80-85.

To: TheBigB who wrote (7902)	3/6/1998 8:05:00 PM
From: Michael Collings	Read Replies (1) \| Respond to of 27307

Big B: You are right, the blocks today all traded at the offer. Could be we are at the point where the big guys have already dumped their shares and are now building a short position. Remember to short you have to trade on an uptick. Of course it also could be that there are some not too smart institutions buying at this late stage of the game. In either case I didn't notice any blocks larger than 10,000 shares trade today. I'm willing to bet that this will be over within the next two trading sessions. We have already run up almost 20 points in a week. Seems to me that 5 or 10 more is the limit. We gapped up a half a point today and sure looked like some big panic buying going on. The stock had a difficult time retracing. I'll sell some July 80 or 85 calls sometime in the next two trading sessions. The 80's are close to the money and bidding around $11. Hey if someone wants to pay me $11 to short the stock at 80, I have to give that some serious consideration. Thought about doing it today but I think we still might see some more upside and that premium will go up. Or maybe the 85's or 90's will start trading next week and I'll get paid 10 or 11 bucks to short at the higher price. Sorry to have answered you so late in the day, but some of us still work for a living.