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Technology Stocks : America On-Line (AOL)
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To: stock_bull69 who wrote (1679)1/6/1999 3:18:00 PM
From: Chuzzlewit  Read Replies (1) of 41369
 
Steve, Yahoo! seems to be in a transitional period, and it looks as if it is starting to generate a lot of cash flow (that's what makes a savvy investor salivate). If what I saw on the 10-Qs holds, it appears as if most of the incremental revenues drop straight to cash flow, which is truly incredible! I think that this is what people are looking at rather than the low float. Provided that there is sufficient liquidity, IMO the float is not an issue

It's interesting that you raise the issue of float, because it is generally discussed in the opposite sense: people cheerleading for a split.

TTFN,
CTC
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