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: Don Westermeyer who wrote (5707)	1/5/1998 9:28:00 PM
From: fut_trade	Read Replies (2) of 27307

<<It sounds like 'strong hands' Softbank selling about 1.25 million shares, some on the open market. I'd like to know how much. Is that where they are planning to get all of the $50 million dollars to invest?>> Here's part of the news release. It looks like you'll find out soon. The only time YHOO has shown weakness this year has been when large chunks of stock have been sold. I was going to sell my puts at around 56, but I think I'll hold them till expiration. The overall transaction is expected to be completed this month. Yahoo! plans to promptly register the resales of the Yahoo! shares transferred in the transaction on a registration statement to be filed early this month. Peter

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