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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 (768)6/18/1997 1:07:00 AM
From: Charles Hughes   of 27307
 
You assume a fixed cost model, and an ad market growing at a teriffic rate.

Leaving alone the assumptions about the market they are in, how about that fixed cost model.

A lot of the new services they are selling (to keep advertisers and browsers interested) now have 'content' (God I hate that word.)

Content, whether a stock feed, a news feed, or an entertainment page, eventually gets priced on the number of people consuming. The people produccing the content demand that, eventually. How can this be fixed cost?

Chaz

P.S. Gotta go to sleep. Catch your answer in the AM. Thanks for the interesting exchange of views.
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