Quote:
Originally posted by TheFrog
Does he know something the other shareholders dont?
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there's various reasons why someone would sell shares in their company. he might not want all his eggs in one basket. also, the market, especially in techs look like they're a bit overvalued. techs usually have a high beta, so if the market dips as many expect over the next year, techs would drop more than blue chip companies.
i bet if the market does drop, he'll most likely buy shares back to enjoy the increased upside techs provide in bull markets. more of a macroeconomic play than anything specific to yahoo.
maybe he plans on buying the oakland a's and building a new stadium and spending cash to keep the big 3 together
one can dream can't he?