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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Oeconomicus who wrote (7179)2/6/1998 10:53:00 PM
From: Oeconomicus  Read Replies (1) of 27307
 
Perhaps the wine is making me forgetful, but did we know this? Besides the 470,000 shares SoftBank sold to invest in GeoCities and the 356,079 shares that GeoCities has sold or will sell themselves, Softbank sold 350,000 on Dec. 31.

Let's see... excluding the potential for non-"insider" employees to sell shares from the option plans, we have almost 2.9 million shares added to the float in the last six weeks or so. 1.52mm from Four11; 470m+350m sold by Softbank; 278m+78m from GeoCities; 168m from last week's 144s. In all $184 million worth at today's close.

How much more supply do you cementheads need to see?

Bob
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