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        Science & Technology >> Computing & The Internet >> Yahoo co-founder files plan2sell 2 million shares
        
(Message started by: andee on Aug 30^th, 2005, 3:37pm)

Title: Yahoo co-founder files plan2sell 2 million shares
Post by andee on Aug 30^th, 2005, 3:37pm

Posted 8/22/2005 9:43 PM
Yahoo co-founder files plan to sell 2 million shares
SAN FRANCISCO (Reuters) — Internet media company Yahoo Inc. Monday said David Filo, the company's co-founder and "chief Yahoo," has set up a plan to sell up to 2 million shares of Yahoo common stock over 12 months.
In a U.S. regulatory filing, the company said Filo intends to sell up to two million shares of Yahoo stock based on a prearranged trading schedule over a 12-month period starting in October of this year.

The shares will be sold on the open market at prevailing market prices, the company said.

Yahoo shares closed at $33.20, down 2.4%, in Nasdaq trading on Monday.

for full featured review on this announcement read here ----- http://www.usatoday.com/tech/news/2005-08-22-filo-sells-yahoo-stock_x.htm

yipees ... I am in :-* ;D [smiley=icon_dance.gif] [smiley=moped.gif]

Title: Re: Yahoo co-founder files plan2sell 2 million sha
Post by ReeBop on Sep 6^th, 2005, 11:04pm

Sounds like he wants to buy a new boat...

[smiley=boat.gif]