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


To: Don Earl who wrote (7037)1/31/1998 6:38:00 PM
From: Keith J  Read Replies (2) | Respond to of 27307
 
Don,

I would think all the S-3 shares are out in the market by this time. Everyone knew that the shares that Yahoo issued for the Four11 would come to market fairly quickly. Geocities same way. YHOO stock is a great currency, but I wouldn't want to be holding a major chunk of it after being acquired.

Thing that most shorts are waiting for, IMO, is a "major" insider sale, which would increase the float substantially and also shake investor confidence in regard to the stock price. The other thing is that the company is seemingly handing out options like candy, even if not all are currently exercisable.

As I've stated in other posts, I'm short YHOO and long XCIT. Looking for at least the share prices of the 2 companies to reach parity, not really caring where the stock prices go, as long as they converge (although I'd make a little more money if they go up).

KJ