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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: Philip H. Lee who wrote (231)1/15/1997 11:56:00 PM
From: Charles Hughes   of 27307
 
Problem: The actual operating income was 1.7 million in the RED. According to the news blurbs and zacks. So the money required to make it not be 0.05 minus/share for the quarter must have come from interest and other earnings on the 100 million or so they still hold from their IPO. So they managed to get about 1.7 (very approximately) percent for the quarter in interest or whatever? Minus whatever else. I'm looking forward to reading a more complete story in their 10Q in the SEC EDGAR database. As you all should.

It appears that they are bleeding badly from operations. Maybe they are good investors, and bad internet entrepreneurs. But if you want to buy good investment managers, shouldn't you just buy a mutual fund?

Chaz
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