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

To: yard_man who wrote (9283)4/8/1998 2:58:00 PM
From: OtherChap  Read Replies (1) | Respond to of 27307
 
>versus maybe 20-30 downside.

remember netscape? up around 170? now its at 16.

i think your downside estimate is a bit conservative. and netscape brings in hundreds of millions in revenue every year, many times what yahoo ever has. tomorrow is going to be a disaster for the longs, no matter what the earnings are or even if they do announce a split. (which they will, everyone knows they will)

there's a good chance there will be a selloff late today (around 3:30) as the momentum players step aside to hedge their bets before earnings..



To: yard_man who wrote (9283)4/8/1998 3:01:00 PM
From: David Su  Read Replies (3) | Respond to of 27307
 
1000 april 40 calls and 1100 Oct 60 call were sold today. Is that a sight that some insider or fund manger are hedging or selling off their options? 1000 contracts of options is not a small potato. Somebody must know something! Unless there is a stock split, yhoo is going back to 80 for a while before we see 100 again.

David


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