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: fut_trade who wrote (20064)	2/16/1999 9:24:00 PM
From: The_Guru_00	Read Replies (1) of 27307

Good News to Longs. Yahoo's largest shareholder now has a fresh $400 million to reinvest in Yahoo in the form of questionable revenue. Looks like 1999 won't be that bad after all. BTW, how is Yahoo accounting for those upfront fees. Will we see another restatement like Go2Net did today? Yahoo will certainly announce something positive tomorrow to try to offset the bailing out that Softbank did. Yahoo management should be sued for selling those shares to Softbank last July for $45/share. They haven't even touched the proceeds yet. What kind of fiscal management is that. BTW, not only is Softbank selling, but the super-bullish Koogle and Valenzuela just dumped another load. Looks like Filo and Yang are the only ones not going to jail. Guru.

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