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


To: HG who wrote (16515)12/30/1998 8:16:00 AM
From: tonyt  Read Replies (2) | Respond to of 27307
 
That's not the reason for a split. YHOO really should split 4/1, what's the point of splitting to $135, thats a price where most companies would split 2/1. Anything less than 3/1 may be viewed as a disapointment.



To: HG who wrote (16515)12/30/1998 8:28:00 AM
From: Chuck Molinary  Read Replies (1) | Respond to of 27307
 
To all longs,

Yes, you have made a lot of money by owning YHOO. But please take caution. Cash out half of your position or buy some protective puts. Reading the following should help convince you...

Message 7025736

Read it before Smart Investor comes along and slams you over the head with its text. This is the kind of stuff he/she loves <gggg>. As an aside, I know the favored sport around here is to poke fun at Smartie. I think that he/she really knows what he/she is doing and will be vindicated in the near future.

One final concern: I work in the brokerage industry and have heard rumors from a very trusted source that a major institutional broker is lobbying management to allocate a LARGE amount of risk capital to short YHOO. This is the smart money. Follow the smart money.

Take the above for what it's worth, it's just my opinion...
ctm



To: HG who wrote (16515)12/31/1998 12:47:00 AM
From: FR1  Read Replies (1) | Respond to of 27307
 
It's all psychological.

If, after the split, you wind up too low a share price it seems hard for a stock to move. A 5% one day move for a $50 stock is only $2.50. Just doesn't seem like your stock is moving.

Too high and the share price seems out of reach. Average people look at $100+ per share prices and say "I can only buy a few shares so it's not worth it - too expensive."

Therefore, I vote for 3/1 because it will put us in the 80's. Just right.