Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Ram Seetharaman who wrote (25818)	9/23/2000 9:44:17 AM
From: blankmind	Read Replies (2) of 27307

- I'm bullish on yahoo's $1 bill announcement to "use the proceeds from the shelf offering for for general corporate purposes, which may include . . . repurchasing its capital stock" - as of 6/30/00: yahoo rests on cash & securities of $1.7 bill. They're profitable; doubling of revs & profits every year; almost zero liabilities - what in the world could they use the $1 bill for other than to issue debt? And with it, do some type of buyback?

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