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

To: damniseedemons who wrote (9176)	4/7/1998 3:24:00 AM
From: PAL	Read Replies (2) \| Respond to of 27307

Hi Sal: I'll sell it when (after) it's clear that the stock won't be going up (read: stay flat or go down). That statement in itself indicates that you know where the top is. My point is that noboby knows that, not even Sal Habash. All I really came here to do is to try to say that basing a short position on YHOO solely based upon traditional valuation means is the wrong methodology. Cannot recall any bear making that statement or implying as such. Note that I don't think valuation is a factor Wrong methodology. No matter how small a factor it is valuation should always be considered. When I say, "YHOO won't go down until some bad news comes out directly from the company..." I mean go down in some material fashion and starting a downtrend. Today's -3 3/8 is totally insignificant. And you sold all your position when the drop is totally insignificant? And I'm not here to compete with you guys to see who proves to be right after Wednesday's earnings. Nobody is competing. If my put turns out to be right, I won't even say I told you so. Understand that if they announce a stock split, management is implying that they expect the stock to go up further What is your basis for speculating a stock split? Mr. Koogle even said on CNBC that he does not deal in the stock price. Let the market decide on that. Koogle is a genteleman. He is no Pittman (AOL). On the other hand, if they don't announce a split, I think that's implying a negative. Wrong reasoning. Warren Buffett never split Berkshire Hathaway. ______________________________________________________________________ Personally I like Yahoo (as compared to AOL). I like the management of the company. Giving back some of their fortune to Stanford University is a highly commendable act. It is not management's fault that the stock has been pumped up by Wall Street. I never read a Yahoo hype news release like AOL/Pittman who continually dominates the wire services with hypes. My buying puts has no reflection to the company, but to the mania surrounding the stock meteoric rise.