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: Rational who wrote (3306)	11/30/1997 11:59:00 AM
From: LRS	Read Replies (3) of 27307

Hey guys, more YHOO fleas.... Check out www.sec.gov and do a search on YHOO to get all of their SEC filings. On 10/30/97, they filed an 8-K/A which divulges the financial situation of 411. This sucker lost $2.9M dollars in the first 9 months of 1997!!! That's well over $300K/month. Since YHOO will be adding 411's results (just November and December) to its 4th qtr results, YHOO will have to adjust its "income" down by $600K for the quarter. And of course, there's the lovely $4M hit that they are taking for the acquisition (which has already been discussed on this thread). How are they going to hit the First Call estimate of .03/share???

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