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Technology Stocks : Shorting YHOO -- Ignore unavailable to you. Want to Upgrade?


To: CoffeePot who wrote (1)7/7/1998 8:13:00 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 108
 
While I am indeed a fundamentals investor, and I totally agree with your viewpoint on Yahoo (and most of the other internet plays), I am reminded of all the shorts who lost their shorts on Iomega a few short months ago.

There are two investment sayings to remember here:

#1: Never try to catch a falling knife.

#2: Never try to stop a speeding locomotive.

Old saw #2 is applicable in this situation. Yes, I think the stocks will fall eventually, but that doesn't mean they can't squeeze your shorts in the interim. Remember Iomega.

KJC