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 (16349)	12/23/1998 10:17:00 PM
From: Phillip C. Lee	Read Replies (1) of 27307

It's been clearly indicated that the percentage of outstanding shares held by Softbank, Executives and institutions is over 80%. I think the quicken.com's info is about right - 253 institutions hold YHOO with 25% of total shares. From its average trading volume (450 shares per trade), it clearly indicates there are a significant number of institutions traded YHOO each day since the average trading value is around $95,000, not an average individual can afford at this price. Of course, there are plenty of 100, 200, or even 300 shares traded in each trade, but there also exist plenty of trades with 1000 shares or more. The evidence of YHOO held by such number of institutions appears to be reasonable. Phil

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