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

To: Stanisav Richter who wrote (12873)	7/17/1998 4:31:00 PM
From: Da Zipstah	Read Replies (3) \| Respond to of 27307

>> You be the judge, but I wouldn't be nervous if I were short at 188 and I'm not nervous owning August and September puts. Why should I be?<< Well said. Other than the possibility of a massive short squeeze continuing to power YHOO higher, I have yet to see a YHOO long post a logical bull argument for buying YHOO at these levels. On the other hand, YHOO shorts (with the exception of Other Chap) continue to post well-reasoned arguments for their positions. Why? YHOO's stock price is not some mystical religion, and I invite any YHOO long to post a reasonable argument as to why YHOO remains a buy at these levels. Aloha and happy trading, Da Zipstah

To: Stanisav Richter who wrote (12873)	7/17/1998 11:53:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

>>207 was never breached and YHOO only reached 203 momentarily after the good news. Fair enough. Lots of overhead supply now. >>Few analysts have upped the Net stocks and more have downed them I don't know whether this means much, and there wasn't much upside left for analysts' opinion of Yahoo since Q1's blowout. >>The international situation ...doesn't matter. Yahoo was in the low 30's when the Asia crisis started to hit the tech market last July, and less than 60 before the October crash. So Yahoo is up somewhere between three and six-fold since before Asia broke. >>How about oil prices that are almost certainly in an up-trend, etc... Non-issues, IMO >>As if that's not bad enough, China is not done rumbling about its currency valuation. That is the nightmare scenario, IMO. But China realizes they would kill the goose by triggering worldwide deflation. Why should I be [nervous owning August and September puts]? Short interest, bearish consensus, fund flows, and AOL's chart.