Anyone know why SI (goto.net) has such an interest in YHOO?
They always have Yahoo comments on the main page. Yesterday it was an
obscure response to a message posted over a month ago, today its the
insider selling (the following is in the main log-in screen):
Is it 'sour-grapes'???
*new* Yahoo insiders are selling big. Their latest Edgar filings
to sell Yahoo stock will be posted here by 6 PM ET.
Yahoo Insider Filing Date Shares Sold Dollar Amount Broker
-----------------------------------------------------------------------------
TIMOTHY KOOGLE Feb 16, 1999 70,000 $23,814,280 Goldman Sachs
Chairman, Chief Executive Officer and Director
JEFFREY MALLETT Feb 10, 1999 75,000 $25,878,000 Goldman Sachs
President, Chief Operating Officer and Director
JAMES NELSON Feb 10, 1999 20,000 $6,900,800 Goldman Sachs
Vice President, Finance (Chief Accounting Officer)
GARY VALENZUELA Feb 9, 1999 75,000 $25,878,000 Goldman Sachs
Senior Vice President, Finance and Administration,
and Chief Financial Officer
ART KEN Feb 9, 1999 50,000 $17,252,000 Goldman Sachs
Director
ANIL SINGH Feb 9, 1999 90,000 $31,053,600 Goldman Sachs
Technical
FARZAD NAZEM Feb 9, 1999 30,000 $10,351,200 Goldman Sachs
Technical
JOHN PLACE Feb 9, 1999 40,642 $14,023,116 Goldman Sachs
JOHN PLACE Feb 10, 1999 937 $312,405 Goldman Sachs
------------
Total Sales by Yahoo Insiders $155,463,401
(in last 2 weeks) ============
On February 16, 1999, SB America (Softbank) agreed to a block trade sale of
1,717,111 shares of Common Stock to Goldman, Sachs & Co. and sold 1,282,889
shares in brokers' transactions through Goldman, Sachs & Co. These transactions
are scheduled to settle on February 19, 1999.
Source: EDGAR Online edgar-online.com |
