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


To: fut_trade who wrote (8444)3/15/1998 6:32:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
>>You won't find any longs complaining.

...and as Yahoo gets bigger these execs get a proportionately smaller share of the business.



To: fut_trade who wrote (8444)3/15/1998 6:51:00 PM
From: Michael Collings  Respond to of 27307
 
<<Wooaaa -- get a grip. If you had been long the past year you would be one of the happiest shareholders in the country. You won't find any longs complaining.>>

That's true Peter as long as the stock keeps soaring. But wait and see what happens if (and I am saying "if") the stock collapses. Share holder lawsuits will abound in that scenario. Longs will agree to anything as long as they are making money. But the minute they start losing, these trades are going to get a lot of finger pointing. And probably justifiably so. The stock is being diluted so these guys can lock in their profits.

I think it is mighty interesting that such huge amounts of shares are being awarded and then promptly dumped by the top execs in the company. Don't they share your opinions of the golden promise of this company? I mean don't you think that they ought to keep at least a couple million dollars worth of the stock to show that they have the same faith?

These are the guys that run the company day by day and they can't even hold on to 1/4 of all the shares being dumped into their laps? What would be interesting to know is where they are putting all their profits after they sell. They obviously don't want to have it invested in the company they run.

This is a red flag and you can say it doesn't matter, but this continuous dumping of stock by insiders should be telling you something. By the end of next quarter Sequoia may be out of the stock completely. The ones that get left holding the bag are investors who believed the story.