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: Zebra 365 who wrote (9850)	4/13/1998 2:36:00 AM
From: StaggerLee	Read Replies (1) of 27307

>>The only way it (common stock/PIC) can change is if the company actually issued and sold new shares for $4,624,000. The increase represents proceeds from the exercise of options. I don't know how many shares were involved (YHOO cleverly combined the common stock and paid-in capital lines in their press release). But I do know that in the first quarter insiders sold about $53 million of stock (of which Softbank was $29 million). No matter how you slice it, insiders made a huge wad on the sales, and the shareholders made only about $4.6 million.

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