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

To: Chuzzlewit who wrote (9505)	4/9/1998 2:37:00 AM
From: LoLoLoLita	Respond to of 27307

Paul, I'm on your side of this one. And I put my money where my mouth was (shorting it starting at 73, but mostly around 85), and then covered at 90 (before it hit 105). Lost money, but gained peace of mind. I'm not going back in again to play until it's clear that an internet bloodbath is going on, and it doesn't matter if i miss the move, in whole or part. William H. is right! The trend is still UP, UP, and AWAY, with no end in sight. Any H&S is just a mirage, because it ain't an H&S till the formation forms, and the right shoulder is pierced. And we don't have either one at this point. Every bubble inevitably bursts. The question here is when. Based on the buying fever all across the net stocks today, i wouldn't be the least surprised if YHOO keeps charging ahead, maybe to 120 in the next month or so. The stock is "worth" whatever price people are willing to pay for it. There is a lot of money in the stock market, and the total market cap of all the net stocks is a tiny fraction. What's to prevent simple sector rotation from doubling the prices of the net stocks in the next year? How many of the current YHOO shorts are in a position to average-up or wait it out for however long it takes? If i was short YHOO now, i would not be getting any sleep at all tonight. David