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: Conan who wrote (26452)	3/7/2001 5:56:26 PM
From: FR1	Read Replies (1) of 27307

"We are looking at break even levels of profitability..." That means zero profit this year. Y-Y revenue down 24% No visibility. Yahoo still a strong business with lots of cash. IMHO, If the CEO quits and does not give a reason why, it can only mean the board is firing him. They are pissed that he did not merge YHOO (or just do some major alliance) when they had the chance. Hire a new CEO to do the job. In the CC, they are also blaming (correctly) Greenspan. He destroyed the economy and now he is Nero - playing his violin while Rhome burns. Zero public confidence in the market means no sales budgets. Why would any business spend money trying to advertise to a public that does not want to buy? They are saying advertising is down everywhere - newspapers, TV, internet, etc. The reason is because there is no economic leadership in the US. Nobody has any visibility. The public is getting more terrified with every layoff, etc.

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