Executives at Yahoo sold shares worth a combined $37.5 million last month, the largest batch of insider sales at the Internet company in more than a year.
jeremy goodrich
6:18 am on May 21, 2003 (gmt 0)
Perhaps because now seemed like a good time to execute on a long planned idea?
It may not be a billion, but $37 million isn't bad money in this day and age. Wouldn't you cash in? :)
ukgimp
7:15 am on May 21, 2003 (gmt 0)
Oh yeah, i would have had payouts all along the way. That said people get uneasy when the main people appear to be jumping ship. Almost like they dont have confidence in their commodity.
ncsuk
8:13 am on May 21, 2003 (gmt 0)
Either that or they have inside info and the share price is going to drop soon when they will buy them again.