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


To: Eric Klein who wrote (4974)12/23/1997 1:20:00 PM
From: IKM  Respond to of 27307
 
>>For the big holders of YHOO, they must know that this thing will be coming down. How can they possibly unload their shares before the inevitable?<<

That has been occupying my thoughts. But I wonder also how might the core holders try to profit from this run up? I'm thinking in particular of SOFTBANK, who holds 33% of the shares. Sitting smugly through a short squeeze is one thing, but they would be remiss if they miss an opportunity to capture some inflated value at this juncture, especially while its holdings in Japan and the rest of Asia are being ravaged.

At some point, I expect an aggressive sell program(s), and if participated in by SOFTBANK would actually increase the float. With or without SOFTBANK, the upticks are likely to be few and far between during a precipitous drop. The spread on puts will be huge. In short, there will be little opportunity to participate on the downside, unless you're already in the game.