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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 (2282)10/31/1997 5:30:00 PM
From: Bill Wexler  Read Replies (2) of 27307
 
<<AOL and Yahoo's business models are very similar, except AOL's costs are higher.>>

You're also forgetting to mention that AOL has about 10 million *paying* subscribers.

By the way, AOL competes with Yahoo in the "intenet land grab" (whatever that means).

Total Yahoo operating earnings for the last 6 quarters = $200,000

Current market cap = $2.2 billion

By the way, if Yahoo is so confident of its ability to generate huge revenues in a reasonable enough time frame to even remotely justify their current market cap...then why didn't they offer any cash for 411? Seems to me that if they really had the shareholders' best interest at heart - they would have used some of that cash they have sitting there doing nothing, instead of diluting the float by offering a ridiculous amount of stock for another money- losing operation.
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