Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: Michael Collings who wrote (9457)	4/8/1998 8:35:00 PM
From: OtherChap	Read Replies (2) of 27307

It's all creative accounting. The fact that Yahoo made over 60% of their per share income from their investments in the stock market with their IPO slush fund just proves that this company is a HOLDING COMPANY, or a MUTUAL FUND, or however you want to put it. The fact that they sell advertising has little or no impact on their earnings. They make their earnings by buying companies that have existing earnings, paying for it with stock (printing money), and then they put all the expenses into the "one time charge" column so they can use the good (other companies revenue) and ignore the bad (the fact that they spent tons of equity to buy that company) I'm still confident of my short position. I deposited a little more cash today to make sure I wont get a margin call if it goes above 115.

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