Former CEO Sells His Stock

[ihelpyou]

Koogle is selling all his stock in Yahoo. Wonder why?? He is not a stupid man.

http://news.cnet.com/investor/news/newsitem/0-9900-1028-6886640-0.html?tag=ats

[Mel]

Very Interesting ....

While he still has another $125 million under the mattress it still bears watching when an insider sell his stock at the bottom of the market ....or is it the bottom??

[ihelpyou]

Yes. This is kind of saying he thinks it is Not the bottom. He is baling out right now!

[Mel]

Well one thing is sure - as fidgety as investors are concerning dot com stocks - if he continues to sell at this rate the price will definitely fall still lower.

[Great-1]

I can't believe how much Yahoo! shares have dropped since I last saw (about 10 months ago). If Yahoo! can't succeed on the stock market, what chance have other, much smaller dot com companies, got??

[ihelpyou]

I think it may have something to do with the compo from Google and other new SE's. Not sure though. It would stand to reason that Yahoo might be losing traffic numbers to many others now.

Hey Great-1, love that opening line on your page!

This page is a place holder for the home page of your own web site.

[Great-1]

Thanks. We had a few problems with the server that my website is on. It got deleted and I haven't got round to putting it back up.

[ihelpyou]

oh. I actually thought that WAS your site! :cool:

[Great-1]

:4:

I might just leave it like that