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: chirodoc who wrote (2482)	11/6/1997 12:17:00 PM
From: fut_trade	Read Replies (2) of 27307

chirodoc, Yahoo! Japan completed it's IPO a couple of days ago. Less than 1000 shares at 2,000,000 yen/sh were sold. I know that a few of the stocks of Japanese companies have very high prices -- what do you think the advantage of having such a high share price is? Perhaps to decrease trading volume and volatility -- I would imagine that such a stock would be much better liked by a long term holder. Any thoughts? Peter

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