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

To: Michael Collings who wrote (8420)	3/14/1998 5:37:00 PM
From: Bill Harmond	Read Replies (4) \| Respond to of 27307

>>Also means the institutional number of 11.4 million is NOT 75% of the float like Mr. Koogle espoused. Spoken like a true "I know they're lying to me because it's really just one big conspiracy" short. Listen. Koogle is not going to go on the national financial channel and make a specific statement (based on public information no less) if it is untrue. He'd be an idiot, and we know otherwise. If the float is 20 million (I'm not really into this), then the institutional holding figure is higher than 11.4 million. It's just that simple. All these calculations about how many angels can dance on the head of a pin are not meaningful. You cementheads keep rearranging the deck chairs on your own Titanic. Face it: Yahoo is increasingly being bought by strong, diversified hands. There's a pattern here. This stock is hitting new highs, is under institutional accumulation, and has a growing lead in the fastest-growing industry in the world economy. Shorting hasn't worked. THERE'S A REASON!!

To: Michael Collings who wrote (8420)	3/14/1998 5:46:00 PM
From: Michael Collings	Respond to of 27307

Whoops! the inside ownership was listed on the form DEF 14A. And yes Sequoia has continued to sell shares with only 1,838,094 shares remaining. Someone familiar with the way insider shares are calculated should look these over because many of the shares counted as held by officers include options exercisable within 60 days of Feb 27th and therefore might not really be part of the float, especially if they are using some of the shares to pay the exercise price. Too hard for me to figure out! I just know that last year in April there was some heavy insider selling.