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


To: c.r. earle who wrote (11799)7/7/1998 12:58:00 AM
From: Dale J.  Respond to of 27307
 
Alberto,

But I would also be the first to concede that this market (internet stocks) will be very difficult to predict.

It really is a tough call. If it falls it will fall fast because so many are considering shorting, they will all be jumping in at the same time the longs are taking profits and getting out.

But if it doesn't fall, the longs will just let it ride and the short sellers have to be nervous after today. We just might see more short covering. It sure is an interesting stock. I think Yahoo is in for wild ride.

Dale



To: c.r. earle who wrote (11799)7/7/1998 12:58:00 AM
From: Tim Bagwell  Respond to of 27307
 
<< they could not guarantee that the shares would not be called in at anytime

I would fire your discount broker. That's one advantage of staying with a large discount broker. Fortunately, if the shorts get called in that probably means the stock is already diving.