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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: Michael Collings who wrote (8936)3/31/1998 11:24:00 PM
From: Oeconomicus  Read Replies (2) of 27307
 
So Michael, to make 4 cents, they'd need some $63 million of revenue, right? 4 cents on 45.83mm shares (shouldn't that number be higher?) is $1.83mm. Subtract the $1.2mm of interest and divide the resulting $.63mm by .01 (assuming the 99% rather than 103% expense ratio) for a revenue target of $63mm. Anybody think that is achievable? OK, figure they can round 3.6 cents up to 4 and still meet the estimates. That only takes $45mm in revenue. Any buyers?

BTW, some of those expense line assumptions are significantly higher than they mentioned in the conference call. From my notes, I had 8-9% for G&A and 14% for Product Development vs. the 10% and 17% figures you noted. At the new numbers, the gross margin has to improve a full point just to break even on operations. Wonder what changed.<g>

Bob
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