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

To: memflyken2 who wrote (18400)	1/18/1999 9:22:00 PM
From: Dave Mansfield	Respond to of 27307

memflyken, from everything I've read, there's nothing illegal about these activities and as long as everything is disclosed, nothing really unethical except perhaps to the Ziff shareholders and bondholders. I view this as very similar to the Bre-X debacle except for one very important issue. With Bre-X, they laced some core samples with a few thousand dollars worth of gold to increase the market cap of the stock by several millions of dollars. In Yahoo's case, Softbank laced Yahoo's earnings with several millions of dollars of ad revenues to increase market cap by several billions of dollars. The big difference here is that Yahoo/Softbank disclosed the lacing where Bre-X committed fraud by keeping the lacing of the core samples secret. One is definitely illegal the other is not. The fact that the market could see through the illegal act once it was disclosed and cannot see through the other disclosed act confuses me, but as I and many others have said on this board, rationality has very little to do with the performance of this stock. Welcome to the board memflyken.