Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Rational who wrote (3306)	11/30/1997 11:34:00 AM
From: LRS	Read Replies (1) of 27307

Has anyone looked at the S-3 filing in much detail??!! Someone has got to explain something to me. Why are all of the 411 stockholders registering their stock for sale?? I don't care about the impact of these shares on the float....I am more interested in the fact that of the 1.6M YHOO shares given to 411 shareholders, 1.5M are being registered for sale. If I were a 411 insider receiving YHOO stock and I REALLY believed in YHOO's future, I would get my liquidity by taking out a loan from my broker against the shares (just like the rest of us who margin invest)at 7% (since these loans are tax deductible, this is more like 5%). Under this scenario, I would not have to pay any capital gains at all (whereas if I sold the YHOO stock, that would be a taxable event--33% off the top!) Do the 411 executives know something about YHOO's stock that we don't??????? They are willing to take a 33% haircut off their take instead of just margining their YHOO shares and riding the glorious upside which is going to occur over the next few years!

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