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

To: Bill Harmond who wrote (10400)	4/20/1998 10:15:00 PM
From: Andrew Fenic	Read Replies (1) \| Respond to of 27307

What a short! This is arguably the single greatest short I've seen in 10 years of investing. People say money doesn't grow on trees but Yahoo is looking like a 375 foot tall oak with a cracked trunk and hundred dollars bills for leaves. Forecast is for severe winds (!).

To: Bill Harmond who wrote (10400)	4/21/1998 4:11:00 AM
From: craig crawford	Respond to of 27307

<< I would consider not throwing baby Yahoo out with the wanabee bathwater >> That's why I decided to short SEEK. Second or third tier status. 95.6 million shares traded in 5 days. (17 times the float) If that isn't manic buying I don't know what is. It's good to short manias isn't it? The junky internet stocks are coming out of the woodwork and shooting up 200%-300% in a week. KTEL went up 600% in a week, turning it's float over 10 times in 5 days. The volume on all the internet stocks is humongous. NSCP traded 58.6 million in 3 days. We are much closer to a top than a bottom. AMZN, XCIT, LCOS, ATHM, RNWK, etc. were all down yesterday. Most every internet stock was down on Friday. That's 2 sloppy days in a row for internets. Be careful if it becomes three sloppy days tomorrow. YHOO can carry on without me for the last 20 points. I may not get out at the top but I will live to trade another day. Most investors in momentum stocks don't get burned by missing out on the top, they get burned when they buy on the pullbacks. The stocks just keep pulling back and don't bounce back anymore. << For example, DLJ started coverage of Yahoo today with a target of $150. >> Analysts were upgrading A$ND and COMS at 80. Analysts were saying positive things and revising estimates upward for INTC at 102. I wasn't trading when NSCP went public but I imagine analysts were saying positive things about them at 85 too.