Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: Bill Wexler who wrote (2287)	10/31/1997 6:30:00 PM
From: Bill Harmond	Read Replies (3) of 27307

I don't think you get it. The charge is a non-cash charge. 411 has no advertising revenue to speak of, and Yahoo has a national (actually global) sales force. More pages, more revenue. The 10Q doesn't say anything about the transaction being dilutive. It cautions that there could be adverse impact on results IF there are any difficulties in successfully integrating this acquired business. Integrating 411 into Yahoo will involve consolidation of overhead, hence savings. We all know 10Q's are written by lawyers to spell out risk.

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