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: Bill Harmond who wrote (731)	6/14/1997 1:56:00 AM
From: Bill Wexler	of 27307

By the way, I don't think Yahoo insiders share your optimism... Insider sales for: March: 3 insiders filed to sell 138,561 shares April: 16 insiders filed to sell 311,139 shares May: 25 (!!!!) insiders (including President, VP, CFO and several directors) filed to sell 886,575 shares June: For the first week of June, 2 insiders filed to sell 10,000 shares (so far) The insider sales for just these 3 months + 1 week of June amounts to 1.3 million shares. This represents an astounding 4% of all shares outstanding and over 20% of the float. This is a 2 year old company and a very large number of insiders are running for the exits very early in the game. I don't mean any disrespect...but if this doesn't give you a clue that going long at these price levels is like begging to have your rear-end handed to you on a platter, then I don't know what would.

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