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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: Oeconomicus who wrote (6219)	1/12/1998 7:27:00 PM
From: fut_trade	Read Replies (1) of 27307

<<You are correct that they don't have to file a 144 once the S-3 is effective, but is it? The filing on Edgar is preliminary; there's no effective date. I think, once it's effective, Edgar would show the "effective" filing. BTW, the S-3 did imply that they could sell prior to the "effective date" under 144, but that would apply only to Softbank since the new shares issued to GeoCities have not been held for a year.>> This Geocities deal was conducted similarly to the Four11 deal. The S-3 was filed, and the shares have probably already been sold. Softbank is supposed to transfer another 400,000 YHOO shares to Geocities at the end of this month, so we should have more selling. <<In any case, I guess we don't know who it was. I thought you were saying it was GeoCities because of the next post you made after the one about the insider sale.>> As mentioned above, I believe all the shares that have been transferred to Geocities have already been sold. Peter

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