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

To: Smart Investor who wrote (15200)	11/13/1998 2:28:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 27307

Shorted 100 shares at 175 this morning. This time I will hold for 150.

To: Smart Investor who wrote (15200)	11/13/1998 2:37:00 PM
From: Jan Crawley	Respond to of 27307

YHOO is perhaps having the smallest short ratio at 0.71 compared with any other tech stocks, even INTC has a short ratio of 1.01. This means there is not much buying potential left You are correct. In Jun/98, Amzn had a float of 10 million shares and short interest of 8.7 million shares. That was a short squeeze. Yhoo may have "short covering" due to margin and capital problems, but not a supply/demand problem. In Yhoo's case, there are plenty of "will be shorters" are standing around to take advantage of the high prices. There are plenty of shares to short.