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: HG who wrote (15896)	12/5/1998 7:47:00 PM
From: Phillip C. Lee	Read Replies (1) of 27307

Happy girl, <<a lower price IMO would encourage volumes, which has been often associated with pushing stock price higher in the internet sector. It is also indicative of mgmt's confidence re: company growth. Would'nt the alleged overcapitalisation become a problem in your opinion ?>> For me, the lower stock price will promote more individual investors to get involved, however, more speculation will follow due to too many involved, particularly day traders. YHOO has an average of around 450 shares per trade, equivalent to about $85k-$90k dollar amount. Therefore, so far most of investors or speculators are either rich individual or institutional money managers. Besides, major portion (80+%) of total outstanding shares has been held by institutions or companies. Basically, I prefer YHOO to split its stocks so more individuals can invest and the timing of split should be as predictable as possible like CSCO's. I also encourage them to release more shares from institutions to individuals so its success or failure can be shared by wider base of shareholders. Phil

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