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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: Bill Harmond who wrote (9876)4/13/1998 2:22:00 AM
From: StaggerLee  Read Replies (1) of 27307
 
>>I agree completely! This is a first for us!!

Care to take a stab at what EPS would have been if the TRUE economic cost of those compensatory options had been expensed, knowing what we know now about the stock price? If you bought in early you don't really care. But new buyers should be livid!

What had been expensed at perhaps a few million will wind up costing the company ....maybe $250 million? $5 a share or so? Who knows; I don't have the details. It's not a "real" expense anyway, just foregone potential proceeds from future issuances of stock.

But I hate (I mean love) to think of where the stock would be if they reported a loss of $4.92 instead of income of $.08.

I know there's some circular reasoning in this....with such a loss there would have been no price surge. etc. Still, amazing what YHOO shareholders are willing to pay its management. Good thing they're not paid on revenue growth.
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