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: William Cohen who wrote (9801)	4/11/1998 11:49:00 PM
From: Bill Harmond	Read Replies (2) of 27307

I don't mean to single you out by responding to your post, but I can't believe the bears here. I'm resurrecting the label "cementheads". You shorts and mud-slingers are CEMENTHEADS!! Have you looked at the income statement? Probably not. Have you looked at the balance sheet changes? Probably not. You cementheads are too busy complaining about your defined irrationality of others. Study these results! These results are fantastic. Yahoo generated $17.8 million in net new cash from $30 million in sales. That is awesome. The $.08 earnings number is not representative of what's happening here. They buried their real income this quarter on the balance sheet in deferred income and accrued expenses and still blew away EPS estimates. Two years old and burying income. Yahoo is throwing off a ton of cash already at this very early stage of its existence...and only 17% sold. Before you cementheads resume this endless ranting about tulips and manias and helium balloons and Pressteks and Iomegas and certain financial catastrophe...look at the numbers. The trend is very clear. Then there's page-view growth and audience reach. No one else reaches over half of Internet users. No one but Yahoo. Yahoo has taken it, cementheads! Yahoo has entered the ranks of AOL. Yahoo has passed to a higher league. There's a feeding frenzy and a host of Street upgrades for very good reasons. Get on the right side of the curve here...even if it hurts and stresses you for a minute...even if it's 10 shares. Once you own your first 10 shares of Yahoo your disposition will improve. You won't be cranky and cynical. You'll be an owner of something really good...and you can brag to your friends that you own the global leader of Internet content. You'll be a winner ...not a cementhead. ...and all it costs is a paltry $1,200. Cheap antidote for a lime-crusted cranium.

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