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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: White Shoes who wrote (45242)	4/6/2000 3:07:00 PM
From: Zeev Hed	Read Replies (1) of 99985

White shoe, I think that the point is not the actual growth of YHOO' business, but the fact that if more normal the accounting principles would be used, what is "trumpeted" in the release as a great success would really show only growth in the top line and not so much in the bottom line, thus, if YHOO today is capitalized at about $90 B, how long will it take before, let say the bottom line will show $9 B? I think that this is far beyond the horizon of 5 years, and thus YHOO might be a little dear here. Zeev

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