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

To: Stanisav Richter who wrote (14477)	10/7/1998 11:13:00 PM
From: Estimated Prophet	Read Replies (1) \| Respond to of 27307

<<The move down to $60 intraday didn't scare the longs. In my view that means they can't be scared above that level - absent news.>> Exactly. And until the shorts figure this out, they won't get it. There is simply no bad news for this stock. Now don't get me wrong, I can reiterate all of the very logical arguments against its current valuation or against a valuation 1/2 of what it is now, but longs' views are immune to this reasoning. And its their PERCEPTIONS that the shorts are betting against. In retrospect, as a multiply former perma-short on this stock, I realize how impossible it is to try to use the sheer force of your short position to overcome the emotional attachment of most of the longs. They ain't gonna scare, guys. Don't worry, be happy, and trade the stock up and down. It's very forgiving of errors.