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


To: Jan Crawley who wrote (19638)2/2/1999 8:10:00 PM
From: The_Guru_00  Read Replies (1) | Respond to of 27307
 
No, I recommended shorting both in commentary yesterday.

<Try the March 80, 85 or 90 puts. Buy the Feb 100s puts if you want, I think that will still encompass the earnings release. Try half of the Feb 100 and half in March 85s. Pennies? Track record is not that bad FWIW. Actually made money shorting Yahoo and AOL over a year ago. In retrospect a foolish move maybe, but if you can cover or are willing to cut a loss, doesn't matter. If you want a non-tech play to short keep your eye on Best Buy. Similar to Dell, people expect them to blow away expectations and split the stock. $10 billion market cap. For what? Internet should wipe them out eventually. Margins going down. Virtually all of their operating margin can be traced back to the sale of extended service plans. If is hits $100, tell me you will short 100 shares. Just a paltry 100 shares. The thrill of riding the stock down is 10x as rewarding as riding something up. Just try it.>