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To: Oeconomicus who wrote (11211)6/19/1998 12:57:00 AM
From: Oeconomicus  Read Replies (1) | Respond to of 27307
 
Hey, anybody notice that a half dozen officers of YHOO sold over $20 million worth of YHOO stock (>175,000 shares) in April and May. Koogle $3.4 million, Mallett $9.4 million, Valenzuela $4.5 million, and others smaller amounts. Last Q's selling window, BTW, Mallett sold $6 million, Valenzuela $4.9 million and Koogle $1.8 million. I guess Koogle's kids go to state universities.

Also, in case anyone forgot, Softbank sold 820,000 shares from 12/31 to 1/26.

Bob



To: Oeconomicus who wrote (11211)6/19/1998 1:35:00 AM
From: Bill Harmond  Read Replies (1) | Respond to of 27307
 
Am I missing something?

I don't see anything materially different between the original filing on June 12 and today's. I didn't compare the documents line-by-line but far as I can tell everything mentioned negatively in the Marketwatch piece was included in the original June 12 filing which followed the Viaweb agreement.

These one-timers are no big deal as long as operating results are reasonable. Yahoo had huge one-time write-offs last year in mid-year for Visa Marketplace and at year-end for Four11, resulting in substantial losses for those quarters and CY 1997.

If you find anything that counters Yahoos Q1 expectation that sales and marketing expense will grow at a slower rate than revenues, then that would be a serious signal.

I could be missing something very important here, but as long as Yahoo sucessfully tests it's previous high here at the 128-29 level and Yahoo makes no formal analyst warning I'm not concerned.

C-net carried the story early today.

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