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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Mac S. Giballa who wrote (15509)11/24/1998 11:49:00 AM
From: Alan Newman   of 27307
 
Some info from Briefing.com:

10:50 ET Yahoo! Estimates: --Update-- Needham expects company to earn $0.43, on revenue of $191.3 mln in 1998; 1999= $0.66, on revenue of $321.2 mln; 2000= $0.84, on revenue of $424.4 mln.

10:46 ET Yahoo! Inc (YHOO) 211 1/2 -9 15/16 (-5%): --Update-- Needham & Co started coverage with a "hold" rating. While firm believes that Yahoo! deserves a premium valuation to it peer group, firm cannot justify its current valuation of $615 per unique user (74% above its portal universe average).
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