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


To: SkyDart who wrote (19906)2/10/1999 3:27:00 AM
From: Howard Hoffman  Respond to of 27307
 
I have a couple of out of the money puts on YHOO, just in case it really caves in. I previously bought YHOO puts right after the peak of the head. Sold for 200% gain in a week or so.

My real position is on EBAY. I have Feb 285 puts, well in the money at the moment.

I agree with you that shorting may not be called for on any of these. e-stocks have badly burned shorts before. On the other hand, the recent peaks (Jan 11 or so) blew a lot of the shorts out of the ballpark. So, I am not sure how many shorts are left in the game. Watching EBAY very closely, the attempts to get a short squeeze going again have been failures the past 10 days or so.