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

To: Michael Collings who wrote (8419)	3/16/1998 9:59:00 AM
From: Oeconomicus	Respond to of 27307

Michael, with 39 posts since your note about the float, I'm shocked that no one has responded. Perhaps everyone missed it, so I'll repost your findings (emphasis added): In case you haven't seen this from the 10K: CONCENTRATION OF STOCK OWNERSHIP As of February 27, 1998, the present directors, executive officers, greater than 5% shareholders and their respective affiliates beneficially owned approximately 55% of the outstanding Common Stock of the Company. As of February 27, 1998, SOFTBANK beneficially owned approximately 29% of the outstanding Common Stock of the Company. As a result of their ownership, the directors, executive officers, greater than 5% shareholders (including SOFTBANK) and their respective affiliates collectively are able to control all matters requiring shareholder approval, including the election of directors and approval of significant corporate transactions. >> The number of shares outstanding is quoted at 45,896,000 so 45 % of that makes the float now over 20.25 million. Peter you need to update! Thanks, Michael. Bob PS: I see now that WH has responded to later posts on this subject, but I still haven't seen an explanation as to how this big of an increase in the float can help the bulls. Well, back to my catch-up reading.