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


To: Bill McCullen who wrote (15074)11/10/1998 5:35:00 PM
From: Mac S. Giballa  Read Replies (1) | Respond to of 27307
 
I was at the mall today, Bloomingdales and Nordstroms were empty! There was one guy roaming around the shoe Dept, I asked him what was going on. He said that he was only at the mall because his net connection was down. I expect that major retailers' sales for the next 12 months will be down close to 100%. I'm hearing that AMZN will buy out most of the nation's dept stores and use them to store inventory.



To: Bill McCullen who wrote (15074)11/10/1998 5:38:00 PM
From: Gabor  Read Replies (1) | Respond to of 27307
 
Bill,
Fundamentals are the thing of the past.We trade on hype now days.I also think that short covering will run up yhoo.I remember last year was my first experience in shorting a stock, which was yhoo.I shorted it at 207 and made 25 per share in hrs.Made 50Gs in a matter of hrs.
I lost this year 36Gs by shorting yhoo much to soon,lesson learned.
Regards
Gabor