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: Charles Hughes who wrote (756)	6/17/1997 11:12:00 PM
From: Bill Harmond	of 27307

>>Do you really buy and forget companies that have operating losses? If they don't make any money on operations for a few years, the new technology story will tire, and people will have to evaluate them based on asset value. "Yahoo! reported a 1Q97 operating loss of of $1.4 million versus our forecast loss of $2.6 million. We have increased our 1997 and 1998 estimates accordingly. Our new 1997 EPS estimate is $0.05 on higher net revenues of $48.7 million, up from our previous EPS estimate of ($0.01) on net revenues of $44.7 million. We now forecast Yahoo! to hit operating profitability in 4Q97 versus our earlier forecast of 1Q98. Our new 1998 EPS estimate is $0.47 on net revenues of $90.9 million." First Call, Montgomery Securities, April 10, 1997

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