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Old 05-28-2004, 05:53 PM  
FlyingIguana
aspiring banker
 
Join Date: Mar 2002
Location: toronto
Posts: 10,870
Quote:
Originally posted by TheFrog
Does he know something the other shareholders dont?
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?
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