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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Join Date: Feb 2004
Location: New Jersey
Posts: 1,094
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Yahoo's Co-Founder Yang To Sell 8 Million Shares
Yahoo on Friday said its co-founder, Jerry Yang, has established a prearranged trading plan for up to 8 million common shares during a 12-month period. In a regulatory filing, Yahoo said Yang transferred 8 millions shares into a blind trust as part of a so-called "10b5" trading plan that allows officers while not in possession of material, nonpublic information to sell sales over time.
The trust "has complete discretion to trade the stock within a 12-month period," Yahoo said in a filing with the U.S. Securities and Exchange Commission. Yang's trading plan was established Tuesday during the company's current trading window for officers, Yahoo said. read more here... |
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#2 |
Confirmed User
Join Date: Sep 2003
Location: Los Angeles
Posts: 3,343
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That's a cool $200 mil..
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#3 |
Confirmed User
Join Date: Apr 2004
Location: USA
Posts: 2,093
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damn bro...i gotta think of something like yahoo...hahaha
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#4 |
Confirmed User
Join Date: Nov 2003
Location: Las Vegas
Posts: 2,985
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give me some of that!
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#5 |
Confirmed User
Join Date: Jan 2002
Location: Mee-chi-gaan
Posts: 709
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Is Bolivia still for sale?
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#6 |
Confirmed User
Join Date: Apr 2004
Posts: 3,875
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Good for him. Smart guy.
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No sig, just here to fuck around. |
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#7 |
Confirmed User
Join Date: Feb 2004
Location: New Jersey
Posts: 1,094
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he's gonna make a lot of money
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#8 |
Confirmed User
Join Date: Jan 2004
Posts: 4,095
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Does he know something the other shareholders dont?
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#9 | |
Confirmed User
Join Date: May 2004
Location: Guantanamo Bay, Cuba
Posts: 4,126
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Quote:
![]() Google is just starting to go public and they have Gmail and tons of other goodies coming in the pipeline. Microsoft is getting ready to launch something huge in the search engine business as well. This will change the landscape of the search engine business over the next months and year. Maybe he just figured it was time to slowly start packing up, sell and move on.
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#10 | |
Confirmed User
Join Date: May 2003
Posts: 1,792
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Quote:
....awesome....
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ICQ: 282814268 |
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#11 |
So Fucking Banned
Join Date: Apr 2003
Location: malta
Posts: 12,745
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Probably just needs money..
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#12 | |
aspiring banker
Join Date: Mar 2002
Location: toronto
Posts: 10,870
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Quote:
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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#13 |
Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Posts: 51,692
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Good retirement found !
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