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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 (5350)12/30/1997 10:55:00 PM
From: Rio Jangada  Read Replies (3) of 27307
 
"The use of stock options is to attract and retain first-rate employees -- who lead the company into the future. All of the top companies do this."

No doubt! I just want to point out that although Yahoo revenues and perhaps earnings are rapidly advancing so too is the number of outstanding shares (See the SI profile). So the prospect of attaining a respectable P/E ratio gets extended further and further into the future. (Unless of course there is a significant drop in stock price.) This is in contrast with many large-cap profit-making enterprises like IBM and DELL that are actually reducing the number of shares outstanding.

RJ
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