Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Bill Harmond who wrote (2293)	10/31/1997 7:49:00 PM
From: Bill Wexler	Read Replies (2) of 27307

<<Using the last x quarters of Yahoo earnings means nothing.>> Really? When do earnings begin to mean something? You're partially right. Earnings don't mean anything to a momentum investor. The rest of us enjoy seeing some return on our money. Now explain the following: Why would I buy Yahoo for $2.2 billion right now? Let's take a three year time frame. If I put the money in a savings account, at the end of those three years, I will have $2.2 billion + about $300 million in interest. Now considering that Yahoo has a $21 million deficit moving forward, what makes you think that this company is a better investment than the savings account? Perhaps if Yahoo had about $300 - 400M in revenues RIGHT NOW, and about $50 milllion in real net profits RIGHT NOW, and the business model was proving itself and growth was strong....I MIGHT understand paying this.

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