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Yahoo execs sell $37 million in stock

What do they know?

         

ukgimp

11:37 am on May 20, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



www.bayarea.com/mld/mercurynews/business/5894300.htm

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)

WebmasterWorld Senior Member 10+ Year Member



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)

WebmasterWorld Senior Member 10+ Year Member



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)

10+ Year Member



Either that or they have inside info and the share price is going to drop soon when they will buy them again.