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: HG who wrote (15350)	11/20/1998 7:40:00 PM
From: Original Mad Dog	Read Replies (3) \| Respond to of 27307

Happy Girl, I'm glad to see an articulate YHOO long recognize the case against a split at this time. People forget that about 40 trading days ago, this thing was below 100 for awhile, and even more recently, it spent an entire week bouncing from 110 to 120. It suddenly surges to 200, and everybody yells split. I won't repeat my rant from the YHOO thread here. But YHOO longs who don't like to pay taxes on short-term cap. gains (and believe me, it doesn't take much these days to get into the 31-36 percent bracket, even for novices with a substantial YHOO long position) should recognize that they are better off without a split; a split will -- if AMZN's experience is any guide -- cause a dramatic run-up the day it is announced, but a month or more from now should have little effect on the stock price. There is no need for YHOO management, who unlike AMZN are running a profitable business, to encourage the frenzy any more than they already have. I guess this time we can agree to agree.:) MAD DOG