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

To: Don Earl who wrote (8085)	3/9/1998 4:15:00 PM
From: yard_man	Respond to of 27307

Oh, I'm hanging in. With profits I have on GTW puts (on paper) I'm about even. I'll cut the loss on YAHOO if it will just give up some of its gains which I expect it will. I should have thrown in the towel late Fri perhaps. I wish you well, of course!

To: Don Earl who wrote (8085)	3/9/1998 4:22:00 PM
From: PeterGx	Read Replies (3) \| Respond to of 27307

Sure Don: <<...but I'm still in a lot better shape than I would have been on a pure short play. At least options set an exact dollar amount on the risk involved.>> But you should not ignore the fact that options expire on a set date while a short position could wait out the insanity for the inevitable... because if there was any doubt that YHOO at 60 was going down - there is NO doubt that 90 (or 120 or 150) is way out of wack and cold not possibly hold for long. PATIENCE is something options cannot offer. If one could not time YHOO, or does not have the time/resources to daytrade - a patient short position is the best alternative. I'll see YHOO in the 40s (even if I had to wait 1-2 years) Cheers! PeterGx

To: Don Earl who wrote (8085)	3/9/1998 4:51:00 PM
From: Robert Sievers	Read Replies (3) \| Respond to of 27307

The funny part about YHOO is that I suspect that the majority of buying is being done by those that think it's too pricey (short covering). How can you possibly say that? How can you not think this stock is a bargain at these levels? After all, it is the internet land grab leader. This stock has only doubled in six months. Knowing that it will double again in the next six months has to be worth something. Just ask William Harmond, no price is too much to ask for this stock. None of the buyers have exit criteria, so there will NEVER be any selling pressure.