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


To: Dale J. who wrote (11795)7/7/1998 12:08:00 AM
From: c.r. earle  Read Replies (1) | Respond to of 27307
 
Dale,

I would agree with you.

As a general comment to all I am would like to offer the following regarding a short in this climate. IMO placing a short on a stock that has shown so much momentum (as in almost all of the internet stocks) is like placing yourself in front of a runaway train. Certainly it is clear that eventually it will come down, you really do not have to be an intellectual giant to realize that, the question as many have pointed out is when.

My advice, let the market tell you when. Do not try to time it, you will lose almost every time. Lose a few points by missing the peak, and let the stock start falling before you short. It is much safer than standing in front of the train.

Regards and good luck to all



To: Dale J. who wrote (11795)7/7/1998 4:26:00 PM
From: CoffeePot  Read Replies (1) | Respond to of 27307
 
I'm down short at 193 3/8 covered twice today, picked up some lunch money:))

I bet by Friday YHOO will be below $170 talking about over exuberance:)