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: Jeff Mills who wrote (12260)	7/9/1998 3:52:00 AM
From: Da Zipstah	Read Replies (2) of 27307

>> Softbank just dished out $183 per share. People had the chance to buy at $175 today. $220+ open Thursday AM. << Aloha and so what??? Softbank used to own a lot more of YHOO before they went public. In fact, I remember them selling at least an equivalent stake a few months ago to raise money for the parent company. The $183/share seems to be arbitrary. The most significant part of this announcement is that it effectively removes any takeover premium from the stock (if any existed in the first place). As you may or may not know, Softbank is a Japanese company, with a history of dicey earnings and unusual accounting. This announcement means NOTHING, and in fact, could be a BIG negative.. Aloha and happy investing, Da Zipstah

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