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

To: Oeconomicus who wrote (11820)	7/7/1998 10:00:00 AM
From: craig crawford	Respond to of 27307

Ok Yahooligans, CC covered at 191 3/8, looking for good reentry point

To: Oeconomicus who wrote (11820)	7/7/1998 10:12:00 AM
From: purecntry5	Read Replies (3) \| Respond to of 27307

In your opinion what would constitute a "breakdown"? I put in a market order to short at the open and they gave me a good fill, now Iam wondering about a cover....but dont want to before all the other shorties pile in. TIA CB

To: Oeconomicus who wrote (11820)	7/7/1998 11:03:00 AM
From: Dale J.	Respond to of 27307

R.D. Not many actual shorts here any more. Count me in the "I stopped losing money on this 75 points ago" camp, leaning toward the "tempted" faction. Yeah, I hear you. Yahoo fooled quite a few shorties. I've considered shorting it, but I am thankful I stayed away. It has been quite a ride for the longs. I'm also leaning towards shorting, but like everyone else, I have respect for Yahoo's momentum. Proceed with caution for the shorties. Dale

To: Oeconomicus who wrote (11820)	7/7/1998 7:25:00 PM
From: Michael Collings	Read Replies (1) \| Respond to of 27307

RD: Can you or for that matter anyone else tell me how Yahoo calculates their number of shares used in the earnings release? Last quarter it was something like 53 million shares. I just checked total shares outstanding as of June 10, 1998 and that number is 46,836,053 shares. In addition there are 11,664,648 options granted. That makes a total of 58,500,701 shares. However, I don't believe that they use that whole number. Last quarter's 53 million that they used was less than the total options and shares outstanding also. I think it was a little over 56 million for options and outstanding shares. Just wondering what they are using. Can't say I'm not tempted to short again, but after taking a $21,000 bath on the last short, I'm a little gun shy. If it can get this high on no fundamentals, no reason that it can't go to $300 especially if gets split 3 or 4 for 1. I'll have to wait and see. Maybe I'll look at doing a few hundred shares if we get another rally. Thank god I'm not still short the original 2000 shares at 104! BTW the float is around 20 million by my conservative calculations, but could be as much as 22 million if Sequoia unloaded the balance of its shares. I'm trying to keep a running tab on those numbers since Peter gave it up a few months back. Speaking of Peter, Peter F where did you find those institutional holdings you used to quote?