Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Smart Investor who wrote (11841)	7/7/1998 11:40:00 AM
From: Oeconomicus	Respond to of 27307

I bet many class action lawyers are paying special attention to this one. Quite probably, but not because of "relentless selling by insiders". Yes, they have been cashing in their options, but not to any extent that whoever the greatest fools end up being should be able to sue over it. The sharks will, of course, try to take a bite out of someone, but somehow I don't think execs who signaled their opinion of the valuation 80-100 points ago should be held liable for the losses of those buying at $200. Perhaps they should go after the analysts, market makers and hedge funds and see what kind of tactics they have used to perpetuate this bubble and draw in the final fools, whoever they may be. In all likelihood, though, they will try to blame shortsellers as they make for a popular target. Bob