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


To: Michael who wrote (8028)3/8/1998 8:00:00 PM
From: Michael Collings  Respond to of 27307
 
Michael:

I'm sorry to hear of your loss on Yahoo. This one has hurt a lot of shorts. I've had to cover on it myself back when it was 63, because I realized it had more to take from shorts.

And I do think there is a good possibility that this stock will continue teaching the remaining and new shorts a lesson. However, a great deal has changed since the stock was at 30. I'm sure this board hasn't changed but the stock has changed. We're no longer talking about a stock that has 6.5 million float and a 2.5 million short interest.

We're now in a pretty mature bull run. With these kinds of stocks, eventually the bears are right..... as unbelievable as that sounds.

But even so whether this is the right time or not remains to be seen. But thank you for the warning..... believe me I keep a finger on the trigger on this one and there is no possible way I would ever put all my eggs in this basket. I just see this one as the most intriguing of my holdings. Stocks like MRK, PFE and AUD I just buy and forget I own.
Rather boring really!

I do indeed count you as a friend.... and one that should stick around!

Mike



To: Michael who wrote (8028)3/8/1998 11:14:00 PM
From: Michael Collings  Read Replies (1) | Respond to of 27307
 
Michael:

BTW are you also the Michael posting on the Asia Forum?