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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: fut_trade who wrote (4448)12/14/1997 7:51:00 PM
From: Keith J  Read Replies (1) of 27307
 
Peter,

Check out the most recent quarterly. YHOO lists average shares outstanding of 50 million +. Everyone wants to seem to ignore the convertible preferred in terms of "true market capitalization", compared with the 43 million I see everywhere, and I believe this was before the 1.6 issued for the email service (which I'm not sure how that will get classified). So in reality, this company has a market cap of about $3 billion, not $2.6 billion.

If essentially the float is spoken for, it's really only short shares being traded then, eh.

KJ
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