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 Technology Stocks : To YAHOO! or not to?!

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To: Pierre Borczuk who wrote (16480)12/29/1998 7:06:00 PM
From: oldcrowRead Replies (1) of 27083
 
YHOO held at a 5.5% pullback from the high set yesterday.

14 blocks
14444 non-blocks (avg 344 sh/trade)

investors continue to pile onto the short side and buy up the puts:

Total put/call volume nearly 7:2
Total open interest in puts nearly double that of calls.

Look at that put activity. The higher YHOO goes the more tempting it becomes to write a put betting that it will never see that low of a price again.



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