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 (16013)	12/10/1998 7:38:00 PM
From: The_Guru_00	Read Replies (1) of 27307

It is exacerbated by Ziff Davis, Happy Girl Unfortunately, the SEC is a little more diligent than the average internet stock investor. I assume you agree with this. You have already been abused for the blue chip comment. BTW, were you drinking today? In addition to the ponzi nature, the SEC is very interested in the fact the money that Softbank is using to prop up Yahoo, both directly and through Etrade, came directly from Ziff Davis. Softbank bought Ziff Davis a couple of years ago with about 3 billion of borrowed money. Earlier this year they took about 2 billion out of ZD and left it out to dry with the new IPO shareholders (Softbank still owns 70%) junk bond holders, and banks. 4 months after the deal, the stock was at 5 and the bank loan was in default. ZD and Softbank have been sued. Curiously, ZD's strategy out of this debt problem is to take their internet site public and repay debt. Did someone say "motive" to keep internet stocks propped up? The foundation of this pyramid is weak, be careful.

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