Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (7179)	2/6/1998 11:03:00 PM
From: Bill Harmond	Read Replies (1) of 27307

Why are you assuming the public stock is in weaker hands? There's more liquidity and less volatility. There are more shares to short, too. I read that Fidelity now has 1 million Yahoo shares. Is that weak hands? All this dreaded Yahoo insider selling over the last year hasn't resulted in a weaker stock. Yahoo was the strongest stock of 1997, and is selling 10% below its high. Cisco insider selling started in the fall of 1990. All time highs. AOL in the fall of 1993. All time highs. Had you bought those shares from the insiders in 1993, you'd be up more than 2,000% in less than five years. At the time AOL's p/e was higher than Yahoo's is now. Microsoft in late 1986 or early 1987. All time highs. Siebel Systems in early 1997. Tom Siebel sold a ton of stock in late April at $17. It's currently $47, and it traded at $51 last week. Tom sold a ton more last November at $40 to buy a ranch in Montana. 3Dfx started this week, and 3Dfx is 10% off its high set last week.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next