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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: fut_trade who wrote (1930)10/9/1997 5:33:00 AM
From: fut_trade   of 27307
 
Yahoo! buys e-mail/directory firm; Q3 profits up

biz.yahoo.com

"...Mallett said the e-mail and directory functions are being integrated with existing Yahoo! services, including online chat, message boards, classifieds, maps and yellow pages..."

"...The market for free electronic mail over the Internet has exploded in recent months, with Electronic Mail & Messaging Systems finding the sector grew by 3.6 million mailboxes in the second quarter alone..."

"...Worldwide e-mail boxes are nearing 150 million, it found..."

"...''I think Yahoo! is a great brand. They will do a great job with the new web-based e-mail. I think they will take advantage of Four11's 411 (white pages directory) service as well,'' said Timothy Draper, whose venture firm Draper Fisher Jurvetson backed Four11..."

"...In separate agreements, Yahoo! said Compaq Computer Corp. (CPQ) and Gateway 2000 Inc. (GATE - news) will offer its services to users of their personal computers through a customized version of Microsoft Corp.'s (MSFT) Internet Explorer 4.0..."
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