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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: Bill Harmond who wrote (763)6/18/1997 12:28:00 AM
From: Charles Hughes   of 27307
 
>>What kind of ad market does there need to be for yhoo to have the hundreds of millions revenue
dollars it needs for the market cap to make sense.

"Look back at Readerman's piece: "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."

I said: "for the market cap to make sense" not for them to make 5 cents a share.

How great does the ad market need to be for them to make the sales required for this *current* market cap to make sense. Can you tell me how many billions of ads need to be placed in general, or how much revenue yhoo needs to process, either one, for the PE to come to make any sense at all? Would they need to sell a billion a year in advertising? 500 million?

Please tell me.
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