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From: Paul Chiu	11/5/2007 12:37:12 PM
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Nov. 5 (Bloomberg) -- Yahoo! Inc. may be worth $38 a share because of its investments in Asian companies including Alibaba.com Ltd. and Yahoo! Japan, according to Susquehanna Financial Group. Yahoo ``benefits from nearly $7 per share in Asian investments,'' wrote New York-based analyst Marianne Wolk. Yahoo of Sunnyvale, California, has a 29 percent stake in Alibaba.com, China's largest trading Web site for companies. Alibaba.com starts trading in Hong Kong tomorrow. Yahoo shares gained 62 cents, or 2 percent, to $31.73 as of 11:19 a.m. in Nasdaq Stock Market composite trading. The stock has advanced 24 percent in 2007, compared with the 5.9 percent rise in the Standard & Poor's 500 Index.

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