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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (13696)	8/29/2002 9:37:42 AM
From: SI Brad	Read Replies (4) \| Respond to of 57684

> I noticed you added YHOO to your profile as of today. > > Why so? Investment or you hooking up with them for > another round of message board fun? My message board and programming days are long gone. I'm over the hill in both departments. I think the long hours may have retired about 50% of my brain cells. I like Yahoo purely as an investment here sub $10. It's about the only thing I can find that is safe (although many would argue with that) and offers tremendous upside. Softbank sold 41 MILLION shares (11 million to Yahoo) yesterday for reasons related to their own desperate for-cash situation. Judging by the tape, that news leaked out days ago, so it has probably put the stock at a 25% discount to where it would be otherwise. The short-term and long-term timing seem as perfect as they're going to get. Even after you subtract the 11 million repurchase, 5% of the company got distributed in 24 hours. That has to dramatically affect the "efficient" market. Brad