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

To: Stanisav Richter who wrote (13839)	9/20/1998 2:53:00 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 27307

>>do you think YHOO's inclusion in the NASDAQ 100 means the float is now effectively too small for shorts to make a play? Though it doesn't change the float technically, more institutional ownership (though in July it was nearly 80% already) is bad news for short-sellers in itself. I don't know when the SEC will rule on the R&D write-off issue. I think it's a non-issue anyway, because it involves non-cash charges. Some will contend that it artificially lifts future earnings, but it doesn't affect operating earnings one way or the other, and that's what the Street watches.