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

To: HG who wrote (16013)	12/10/1998 6:39:00 PM
From: Smart Investor	Read Replies (1) \| Respond to of 27307

Hi Happy Girl, I think you made some good comments other the "blue chip" slip. As for protecting shorts, I agree there is no need for SEC to protect short or long. However, SEC has the responsibility to investigate market irregularities and questionable practices. Many people think the practice between YHOO and Softbank is highly questionable. The revenue from Softbank might be the difference between losing money and a small profit for the last two quarters of YHOO. The small profit has been the engine driving this stock to its current insane level because it seems that YHOO is making money while all other Net stocks are losing money. If this "making money" is mainly due to the contribution by Softbank(a foreign company), the SEC has a legitimate reason to investigate.

To: HG who wrote (16013)	12/10/1998 7:38:00 PM
From: The_Guru_00	Read Replies (1) \| Respond to of 27307

It is exacerbated by Ziff Davis, Happy Girl Unfortunately, the SEC is a little more diligent than the average internet stock investor. I assume you agree with this. You have already been abused for the blue chip comment. BTW, were you drinking today? In addition to the ponzi nature, the SEC is very interested in the fact the money that Softbank is using to prop up Yahoo, both directly and through Etrade, came directly from Ziff Davis. Softbank bought Ziff Davis a couple of years ago with about 3 billion of borrowed money. Earlier this year they took about 2 billion out of ZD and left it out to dry with the new IPO shareholders (Softbank still owns 70%) junk bond holders, and banks. 4 months after the deal, the stock was at 5 and the bank loan was in default. ZD and Softbank have been sued. Curiously, ZD's strategy out of this debt problem is to take their internet site public and repay debt. Did someone say "motive" to keep internet stocks propped up? The foundation of this pyramid is weak, be careful.