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


To: Bill Harmond who wrote (6493)1/14/1998 10:40:00 PM
From: OtherChap  Read Replies (3) | Respond to of 27307
 
>Look like they're assembling the shares that were planned
>to be sold after earnings release and combining them into
>a secondary.

Looks to me like they're printing Yahoo! dollars and
passing them out like candy, all the while devaluing
the existing shareholders positions.

Why pay cash when you can just screw your shareholders and
print more shares? Sure looks better on the bottom line.
Heck- wonder if the phone company or power company or
travel agency will start accepting Yahoo! dollars instead of
cash.. Then their earnings would look fabulous! No expenses
would have to be reported on their balance sheet!
(another 'Normal Accounting Procedure', i'm sure)

I love how they leaked this at the last second after
earnings.. this stock is going to tank so hard tomorrow
I can taste it. After tomorrow morning, I'll be able
to finally say I TOLD YOU SO!