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

To: LRS who wrote (9038)	4/2/1998 7:31:00 PM
From: Rio Jangada	Read Replies (1) \| Respond to of 27307

To anyone: Will Yahoo! be the first internet stock to post earnings for the quarter (April 8)? If so the numbers, whatever they may be, could be a reality check point for investors. After all, hype and momentum freaks don't always rule the day. Thanks in advance, RJ, looking to optimally time a purchase of put options.

To: LRS who wrote (9038)	4/2/1998 7:51:00 PM
From: Bill Harmond	Respond to of 27307

So, this makes you a closet Yahoo bull who can't sleep with himself? :)

To: LRS who wrote (9038)	4/2/1998 8:01:00 PM
From: Ty	Read Replies (2) \| Respond to of 27307

To the shorters out there: I have seen some posts out there indicating that some of you are still holding short positions at $43, 60, 77, 80, 85 .... I admire your conviction as yhoo is obviously over valued. However, wouldn't you be able to make a much larger profit by covering your short position and re-shorting at a higher price? Ironically, I found myself in the same position. I shorted an internet stock and the price kept going up. After a while, I started thinking that since I was already losing a large amount of money, I might as well hold onto my position and go for broke. I thought that the stock was ridiculously over valued and that it had to come back down. After a while, the stock came back down and I was able to cover my position for a small profit. While the stock was falling, I kept asking myself why didn't I just cover my position earlier for a smaller loss and ride the current fall for a much larger profit. I guess my biggest problem was not being a disciplined investor. I should have covered my short at a predetermined price no matter what happened (using a stop limit order). By letting things get out of hand, I became more subjective (vs objective) with my decisions and I couldn't bring myself to cover my short. The main downfall about covering early and re-shorting is that you lose out on the taxes. If you re-short the stock within one month, the loss from the first short won't be tax deductable. In addition, you will have to make a larger profit from the re-short because the first loss is post-tax dollars.