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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: memflyken2 who wrote (18974)1/23/1999 2:32:00 PM
From: oldcrow  Read Replies (1) of 27307
 
Memfly,

No need to be silent...the more the merrier!

Undoubtedly you have built a solid underlying media business.

you say...

>>I can also say that nobody -- nobody -- is making money selling web advertising in our business. A few folks are covering their basic costs, i.e. webmasters' salaries, design services, etc. But nobody is making significant $$$, let alone enough web-income to justify a multi-billion dollar market cap...<<

I am sure that is true among your business circle.

But YHOO is certainly much larger, has greater brand recognition (and loyalty), and a much larger reach than the smaller niche-type businesses you are using as comparison.

Frankly, there is no comparison.

Sveral facts:

1) YHOO DOES make significant money from selling ads (and growth continues qtr over qtr)

2) YHOO does much more (revenue stream-wise) than just sell banner ads...(given your extensive research of the business model...I'll give you the benefit of the doubt, and conclude that you must just be ignoring this to help emphasize your point)

3 Internet doubles, what? every couple of years?...that's a lot of eyeballs coming this way...
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