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

To: joe feirouz who wrote (12452)	7/9/1998 2:17:00 PM
From: Mandinga	Read Replies (1) \| Respond to of 27307

Why July? You only have a week or so...

To: joe feirouz who wrote (12452)	7/9/1998 2:17:00 PM
From: Olu Emuleomo	Read Replies (2) \| Respond to of 27307

Dont short yhoo do the next best thing.....BUY PUTS At least with a put you could limit your losses. Joe, My shorts are always accompanied by a 'Buy Stop'. So, my losses are capped. --Olu E.

To: joe feirouz who wrote (12452)	7/9/1998 2:44:00 PM
From: Jock Hutchinson	Read Replies (2) \| Respond to of 27307

The best way to short Yahoo is to go short the 60 calls. There is virtually no premium in even the October 60 calls, since they are priced at about 135; you get more leverage than you would with an ordinary short; there is no way you will be subjected to a short squeeze, and you don't even need to work with the uptick rule. The floor traders here in Chicago have gotten filthy rich pricing the outrageous spread prices on various YHOO puts and calls--so buying puts is generally a very dumb idea given the premium one pays.