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: Phillip C. Lee who wrote (15895)	12/6/1998 12:27:00 AM
From: J. P.	Read Replies (1) of 27307

Don't like the 4:1 idea at all. I think the "hole card" that Yahoo has is the impending split announcement with the next earnings or whenever. This will send investors running to buy, and will send the shorts running for their lives. With a split announcement in our near future, shorts do so very much at their peril. Now, it is also my belief that these stocks trade on supply and demand, and not on fundamentals. Lots of funds, individuals, etc. want these stocks, and there is a very small float. Now if you split it 4:1 and create a huge float, you are quadrupling supply, and you know from Econ 101 what increasing supply does to the demand curve. My vote is keep on with the 2:1's and keep supply tight as a drum, although Yahoo may duplicate AMZN's 3:1.

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