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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: OtherChap who wrote (6461)1/14/1998 7:22:00 PM
From: Alomex  Read Replies (2) of 27307
 
tricky accounting- they EXCLUDE costs of aquiring four11, yet INCLUDE the revenue generated by 411.

This is standard accounting practice. You exclude non-recurring items, such as the cost of the acquisition, and include all recurring sources of revenue, such as ad money from 411.

And if they weren't generating all that interest on their initial 100 million buck IPO cash stockpile, they would have shown a loss!

Not true either. They would have reported over a million dollars in profit. No wonder you are losing so much with this stock: you are a sloppy investor!

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