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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 (9457)4/8/1998 8:51:00 PM
From: Oeconomicus  Read Replies (2) of 27307
 
MC, not much in the balance sheet jumps out at me. On the asset side, A/R is up in line with revenues (though 39 DSO seems high - is that typical for a media biz?) and, unlike last Q, there's not a big increase in prepaids and other assets that could be hiding expenses (not accusing them of anything last Q either, big brother/corporate counsel dudes). As for liabilities, I'm not worried about the accrued expenses because they would have hit the P&L (but not the check book). I'm sure you are correct about the deferred revenue.

Overall, a clean though small balance sheet. Believe me, I wish there was something odoriferous about it.

Regards,
Bob
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