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: tonyt who wrote (17836)	1/12/1999 9:24:00 PM
From: Jeff Mills	Read Replies (3) of 27307

Why would you want YHOO to split 5-for-1 if you are long? You just effectively put 1/2 Billion YHOO shares into the the world virtually overnight. The entire reason YHOO EBAY etc etc has had $40, $60, $70+ etc point days is because there are not enough shares to go around out there to quench the thirst of the demand. You have new buyers, shorts covering, traders, etc all trading YHOO's 98 MM shares on a daily basis. For every buyer there is a seller. IMO, Longs should be happy that the Koogle elected to keep the supply side tight.. If you are YHOO management, why would you want to cool that sensation by making YHOO stock more liquid? Why would you want to put 500 Million YHOO shares out there at this time? It's foolish. Did you notice that Intel did not announce a split? Why do you think they elected not to split?

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