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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: john defreitas who wrote (25737)8/28/2000 7:34:11 PM
From: Lizzie Tudor  Read Replies (1) of 27307
 
I just saw a cnbc piece where the reporter (the guy with the oval glasses, can't remember his name) said about 60% of yahoo ad revenue comes from dot coms, and is therefore in jeopardy, and there is speculation that yahoo is informing the street that ad revs might be a little light. Yahoo corp denies this. That was the story anyway.

I for one don't buy the "yahoo informing the street" rumor, because Blodgett would have been the first guy contacted and he would have issued yet another conflicting opinion by now... the last statement from him had yahoo rising 25% or something for the fall, it wasn't negative anyway.

I don't doubt ad revenues are flat to declining though, it seems like I don't see as many as I used to. I'm expecting yahoo's growth numbers to be strong but if advertising revenue is going to be the key component of stock price going forward I can imagine difficulty...
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