Peter, let's beat this horse some more. lol. OK, here's some boring
numbers on Softbank holdings/changes of YHOO:
Date Source Shares Note
2/11/97 13G 9,515,228 Pre-split
3/31/97 13G/A 40,000 Options to Hippeau
9,475,228 Net, pre-split
14,212,842 Adjusted for 3/2 split
12/31/97 S-3 278,000 Transfered to GeoCities
Jan ? S-3 444,984 Remaining to be sold or transferred,
assuming $64/shr value.
13,489,858 Net of GeoCities (and Hippeau)
1/8/98 S-3 13,469,858 Reported holdings
As you can see, there are 20,000 shares unaccounted for (80,000 if
Hippeau has not exercised his options).
Bottom line, lots of selling yet to come.
Bob |
