Altaba Inc. (formerly Yahoo) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (6532)	1/15/1998 9:07:00 AM
From: Keith J	Read Replies (2) of 27307

Latest from briefing: YAHOO! INC. (YHOO) 67 CLOSED. Leading Internet search engine concern posted better-than-expected 4Q results last night, but the question remains, how much more can this stock appreciate? The company reported that it earned $0.05 a share on a pro-forma basis, two cents ahead of the First Call estimate, and reversing year-ago loss of $0.02 a share. The company had a non-recurring charge of $3.85 million in the quarter for the acquisition of Four11 Corp. which had already been announced. Revenues for the quarter rose 181% to $25.11 million, up from year-ago level of $8.94 million and 45% higher than its September level of $17.32 million. The company also said that traffic on its Yahoo! site grew by 30% from the prior quarter, averaging 65 million page views per day in December, versus 50 million at the end of September. Yahoo! Japan had an increase of 25% to 5 million page views at the end of December. Latest results were significantly helped by the increase in advertisers and the co-branding of new sites in which the company is able to expand its distribution and generate more revenues. Still, the question needs to be asked, how much farther can this issue rise? The stock is currently trading $4 below the high set just last month as the stock has benefitted from the turmoil in Asia. While top line growth is impressive and is the primary factor driving the stock, at some point, this issue is likely to become overvalued. KJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next