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

To: Keith J who wrote (7537)2/20/1998 11:15:00 AM
From: Oeconomicus  Respond to of 27307
 
Keith, I forgot to put in a few "Yipee!" and "like a rocket" comments so you'd know I was joking.

BTW, did ya'll notice the DoubleClick IPO. Upped from 2.5mm shares at 12-14 three days ago to an actual 3.5mm shares at $17. Double the money, double the fun, right? And, they still don't have it opened because of all they market orders from investors wanting to "jump on board for the ride" at ANY cost.

I know DoubleClick is highly regarded, a genuine leader in the Web ad biz and a fine company I'm sure, but if this isn't irrational exuberance... Well, I guess we can hope it sucks up some of the hot money for a while.

Bob



To: Keith J who wrote (7537)2/20/1998 11:32:00 AM
From: PeterGx  Read Replies (1) | Respond to of 27307
 
Keith:
Greatly entertaining article!

It mentions that YHOO's institutional ownership is only 20%. Is this true? I was under the impression(PF) that the number was much higher (60+).

Just checked MSFT Investor./ They post the same 20% figure. Maybe this is 20% of the total number shares (listed 4.4 mil).
With the float around 12+ mil(?) the % figure becomes (eh?) over 70%.


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