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 Send to email | Mark Cuban on How To Cash Out At The Top in YHOO |  By Silicon
el 28-Mar-2008 |  A reader sends us a marvelous blast from the past: Bubble 1.0 winner Mark Cuban waxing philosophical about the bummer of not having cashed out at the precise, exact top:
CNBC Interview from 2000 -
Joe Kernan: 'Mark, I understand that you have your own private jet - one of those GVs - a Gulfstream V?'
Mark Cuban: 'Yeah. It's really nice to have for when we go scouting for players for the Mavericks in other cities or countries.'
Joe Kernan: 'Don't you feel dumb that you cashed out your Yahoo (YHOO) stock at $200 and now it's trading at over $230?'
Mark Cuban: 'Well, it's hard to feel dumb when you're flying around in your GV.'
Mark Cuban: 'I sold all my stock. I asked myself - what's the worst
that could happen? I walk away with two billion dollars in the bank?
How much money do I really need?'
Mark Cuban: 'I saw this tech stock mania once before and I know how it ends.'
See Also: Bear Stearns Chairman Takes $900 Million Loss, Seeks Answers in Religion
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| Did Mark Cuban Commit Insider Trading? | | If the allegations in the SEC's press release are true and complete, the answer is most likely "yes." Mark Cuban's argument is likely to be that he did not break a duty of confidentiality. This is probably why, its statement of fact [..] Read complete article | | Published 17-Nov-2008 by Alley In in General
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