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

To: Da Zipstah who wrote (12363)	7/9/1998 4:19:00 AM
From: Dwight E. Karlsen	Respond to of 27307

According to ahem, Yahoo "insider trades" link, biz.yahoo.com It shows that Softbank Holdings sold a total of 892,000 shares of YHOO starting Dec 31, 1997, ending Jan 28, 1998 for total proceeds of $56.3 million, @ average price of $63.12/share. So now if they pay $183/shr to get those same 892,000 shares back, they spend $163.2 million of the $250 million announced. Cost to Softbank for "selling low, buying back higher": $106.9 million (163.2 - 56.3). So out of the $250 million announced last evening, there's only $86.8 million available for "new" shares. At $183/shr, they evidently get roughly 474,317 more shares than they had on Dec. 30, 1997. Not sure what it all means, except I hope they found a good use for the original proceeds of $56.3 million from the stock sales, because they're sure paying up to reinvest in more YHOO.