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


To: LoLoLoLita who wrote (10027)4/14/1998 3:46:00 PM
From: Candle stick  Respond to of 27307
 
You are right , that would be criminal...and after all its only money, just 6 billion dollars, and there has never been a criminal act committed for such a pittance before , huh?

News Flash....people KILL each other on the street for 50 bucks sometimes...who are we to say what they would do for a few billion....I think you are being very naive..........



To: LoLoLoLita who wrote (10027)4/14/1998 4:12:00 PM
From: Brett Behm  Respond to of 27307
 
<<If the *company* was doing that, *criminal* charges of defrauding their advertisers could be brought, with possible prison terms for co. officers ....>>

Yes, this is probably true, but I'm glad somebody has touched on a possible manipulation theory. Think about it, YHOO generates and additional 1 Million in profits, and the stock jumps a Billion $$s in value. You have to admit, that is some heavy duty leverage.

Let's just say I'm an average Joe, who possibly has made some mid-seven figure profit on this stock. Is it criminal for me to buy a bunch of computers to run hits on Yahoo all day? Or how about sign a really bad advertising deal, that would generate a lot of cash for them. Not that I really believe in any way this stock even cares about fundamentals, but the relatively insignificant earnings increase tends to stoke the fire. Personally, if I did own a lot of Yahoo, I would do everything in power to give the company business. At a 1000 to 1 leverage ratio, that money would be well spent.