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


To: The_Guru_00 who wrote (19491)1/31/1999 12:46:00 AM
From: Jerry A. Laska  Read Replies (1) | Respond to of 27307
 
Oh Great Guru my senior(?) Sorry to have wasted your time with my post and I beg your forgiveness for getting lost among the proverbial trees. But please correct me if I am wrong but couldn't YHOO still have split 4-1 and still have done the Geocities deal and three or four more just like it? or even split 3-1 and 13 - 14 more just like it? The rumor is just that a YHOO message board rumor. If Koogie had wanted to split 3-1 like everyone on the boards was expecting he could have and still would have had plenty of shares to make all of the acquisitions that have been rumored plus had plenty of shares left over to make all the other acquisitions that haven't been rumored and still had shares left until the next board meeting where they could have increased the authorized to 100 gazillion and acquired microsoft, big blue, and Ford(including Volvo - "they're boxy but safe"). Check the numbers. Before you start chopping down those trees you should check which way they're leaning first. The trees don't always fall where you want them to.
Jerry
<<In its deal, Yahoo will exchange about 10.6 million shares of its stock for the 31.4 million shares of GeoCities common stock. In addition, Yahoo will convert about 8.9 million GeoCities stock options into about 3 million Yahoo stock options. Based on Wednesday's closing prices, the deal was worth $4.58 billion, however Yahoo!'s stock rose more than 9 percent on the Nasdaq Stock Market, jumping $31.87 1/2, to $367.75, thereby increasing the value of the deal. GeoCities's stock rose 56 percent, up $42.25 a share to $117.25.>>