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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (25816)9/22/2000 6:58:02 PM
From: Ram Seetharaman  Read Replies (2) | Respond to of 27307
 
YHOO is active as hell trying to expand - I would even bet my last dollar on it for sure! I think $ 100 is the bottom for some time to come - here they come with a new offering - keep on going!

Friday September 22, 6:21 pm Eastern Time
Yahoo! files shelf for $1 bln in debt, equity
WASHINGTON, Sept 22 (Reuters) - Internet media network Yahoo! Inc. (NasdaqNM:YHOO - news) on Friday filed with regulators to sell on occasion up to $1 billion in common and preferred stock, depositary shares, debt securities and warrants.

It plans to use the proceeds from the shelf offering for for general corporate purposes, which may include acquisitions, investments, debt repayment, capital spending and repurchasing its capital stock, according to a filing with the Securities and Exchange Commission.

Shares of the Santa Clara, Calif.-based company closed up $3-5/16 to $111-7/16 on Nasdaq. They have a 52-week high of $250-1/16 and a low of $82.