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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: Jeff Mills who wrote (22599)7/7/1999 10:35:00 PM
From: Shafik Habal  Read Replies (1) of 27307
 
Hey Mills, long time no see. Here's the entire YHOO story off broadtape for you YHOOligans.

DJ Yahoo Japan Shrs Limit-Up On Yahoo! Inc 2Q Pft

TOKYO (Nikkei/Dow Jones)--Shares of Yahoo Japan Corp. (J.YHO or 4689), an Internet search service provider, are limit-up Thursday morning on the over-the-counter market after Yahoo! Inc. (YHOO) posted strong second quarter profits late Wednesday in the U.S.

At 0155 GMT (9:55 p.m. EDT Wednesday), Yahoo Japan Corp. was up by its daily limit of Y2.0 million, or 3.9%, at Y53.3 million. A total of 19 shares changed hands.

Late Wednesday in the U.S., Yahoo! Inc. said that the company earned $28.3 million for the second quarter, or 11 cents a share, excluding charges in connection with corporate acquisitions.

Since the result exceeded analyst forecasts, Yahoo! stock rose in after-hours trading in the U.S., lifting the share price of the Japanese company as well, traders said.

(END) DOW JONES NEWS 07-07-99
10:05 PM
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