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: Eric Klein who wrote (3187)	11/24/1997 12:18:00 PM
From: Alomex	Read Replies (1) of 27307

I don't think Softbank is pumping anything into YHOO (hilium or helium). I think they've had their shares for a long time. Softbank is not pumping Yahoo, it is dumping it. That is what the Japan IPO was all about. Softbank wanted to sell 40% of its holdings, but they knew that if they did so in NASDAQ the price would collapse. So they came up with this ingenous scheme of going "public" with Yahoo Japan, and thus avoiding "dillution". But of course dillution is still there, as any YHOO stockholder is/was counting on YHOO to expand worldwide. With the Yahoo Japan agreement a big market is now only half owned by YHOO.

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