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


To: Frank Z who wrote (13938)9/24/1998 2:29:00 AM
From: Kal  Respond to of 27307
 
A quick question,
what's YAHOO stand for?
to my recollection is Yet Another Holistic ....?
thanks



To: Frank Z who wrote (13938)9/24/1998 2:47:00 PM
From: Michael Collings  Respond to of 27307
 
Frank:

The reason I don't go long is that I think it has already made the majority of its move. I shorted this morning at 23 3/4. I really didn't expect it to get higher than that today.

I wanted to get a short position in because I was thinking that maybe this time the big move would be over before earnings. Just a guess on my part but it seems it is too predictable to say that it will do the same thing each and every quarter. Surely the spectacular earnings of 13 cents is built into the stock price already. Besides it looks to me that the short squeeze has already happened. I suspect that the smart institutional traders will sell into this this time. BWDIK

I'll average in over the next week the rest of the position. Now that I have a good profit on this stock, I can wait for the downward spiral.

Am I listening to WH???? Have I ever? Hell I lost a ton to him before I finally made some money on this stock. My gold stocks are flying today.